No I don't profess to be an expert but I did predict that the All Ords would fall to 3800 this year when all of the so called experts predicted 6500-7500. It actulay went lower which did surprsie me. If you can find a newspaper or financial magazine from Januray you will see for yourself. Your reply only adds to my belief that excessive pessismism is priced in to the market and your view is shared by the overwelmoing majority.
The market and asset values move in cycles and these are driven by one fundamental factor. Where can I get the best return for my money? The unprecedented move to lower rates, stimilus packages and decline in oil is the greateste ever , forget 70 years. This is why I will prove you wrong.
