I think most of us are ignorant when it comes to the markets. Many of us just think about our individual shares and focus on them. I must say i'm not surprised at what has happend and wont be surprised with whats going to happen from here on in. I hadnt really been hit over the last week or so but I like many have been pummelled today. The best thing to happen from a collapse would be Aussie interest rates at 4 - 5%. Only good if you have a mortgage. If the ASX goes under 3000 it will happen really quick, with rates and drop I suspect. Lets hope its just a short term correction. Could be another great buying opportunity. Glad i've had my super in cash since Sept/Oct 2008.
