I think the jury's still out.
I'm still seeing buying in some quality mid caps, even in promising small caps that have income and profits, but anything speculative is having a terrible time.
Sentiment can still change. A lot of bad news from Europe has been factored in over the past few months. The U.S is showing some positive signs and as long as China/India and other emerging markets can maintain good growth we might still get our Santa Rally.
I've also noticed with bad news comes a drop in the Aussie dollar which can bring some good beneftits to some of our companies.
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