i don't profess to be an eggspert either! but i thought the xao might have got to 2500.
the way i see it we 'may' get some type of feel good relief rally curtousy of the large global$$$ stimulus package been thrown around and spent when this finally shows up in the data
later on when it becomes plainly obvious to all that we just can't keep up that type of spending and generosity for the long term and if continued might send the economy seriously into a hard deficit leading to a banana republic which would compromise our long term growth prospects then we will see our $ and commodity prices repriced by the global mkt
spending our way out of debt by borrowing more capital at the expense of the nation has proven not to be the answer cost cutting,debt reduction,productivity improvement and new products/technology development and doing business smarter with trading parties on a much more fairer terems of trade basis might me be a good start on the road to long term recovery without having to sacrifice the jobs and houses of some
people might just have to get use to earning a little bit less in the short term just to help keep paying off the mortgage and in the process it might just help keep both their jobs and most importantly their homes
the trouble is we live in the free market global economy dominated by 2 factors - fear and greed coupled with a risk/return ratio and only the bottom line matters at the end of the day
