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779 Posts.
11
23/02/09
23:14
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dont be in any hurry to invest until
1. the banks come clean on their real positions, they got a bit more confessing yet.
2. watch the 3300 all ords it looks like we could drop through it and staring down the barrel of 2600 so might be a bit more drop yet
3. wait for a real blowout in the market before buying.
4. oz housing prices are yet to drop substantially, we will see a good drop in them before any bottoming in asset valuations
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