XJO 0.11% 7,769.7 s&p/asx 200

dow will be back economic numbers too good

  1. 1,201 Posts.
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    big deal about citigroup :)

    The economic numbers are what count - they just doubled the jobs forecast , and inflations in check for now. GDP was good for an economy in the middle of a credit crisis.

    I know u can never rely on the economic numbers released, but thats what we look at.

    the citigroup / subprime thingo is already factored into every1s expectations

    I see disruptions to the uptrend here and there causing volatility and good entry points, but the uptrend or sideways action still intact.

    There wont be a major correction/crash as long as economic numbers are solid, inflations in check, and company reports and outlooks arent all that bad!

    as long as EPS growth is intact, and companies are reporting solidly and outlooks are decent, I wont sell my portfolio period.

    When corporate growth goes backwards, im out.

    corporate growth especially in oz is great. incomes rising a little. inflation up a little. but all in check

    apart from the credit crisis and property recession, the US corporates are doing OK and inflations in check. Interest rates are being lowered.

    if it were high inflation and high rates and alot of debt - YES I could see a crash.

    but inflations in check and int rates going down

    forget the macro economic numbers even - MJUST LOOK AT COMPANYS EPS AND EPS GROWTH AND OUTLOOK.

    THATS THE BEST MEASURE AND IT LOOKS OK TO ME !

    when this changes, ill start thinking bout selling.

    thats the bottom line.
 
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