market variables

I see the bulls are out in force today, ramping up the prospects of Lihir and Newcrest as if we're on the verge of significant upward price movement. Personally, I think too many of you are in love with your share portfolio's and in need of a daily fix of optimism and mutual admiration from fellow bulls.

Guys, I'm a bull too, but there's a little hiccup on the horizon called the US banking system and the fallout that awaits us. All the technical analysis in the World can't save your profits if the increasing talk about liquidity
availability meltdown occurs.

Yes, if the meltdown comes profit opportunities for bulls will materialise but there's likely to be a whole lotta pain before a whole lotta gain!!!!

Tread warily.