Yellowfin,I don't know about massive bull run or 6000+ this...

  1. 8,028 Posts.
    Yellowfin,

    I don't know about massive bull run or 6000+ this year, but I do belive from Jan to March, we would see a strong rally, probably taking us back to the 4000 level. I actually think the first quarter of the year will have a rally and then die in the arse and drops back to the 3200 in Sept. Why? I think the new president elect will have lots of good idea and people will belive in all the hype, but after April we will all know that this hole is just way to big and more companies will fold later on the year.

    At the moment however, home loan rate is around 6% and it is going to drop futher, so you borrow against the house and say take a couple of hundred thousands and put the money on ANZ or CBA, they are yielding 9.95% to 11.27%
    That is not a bad bet, providing they don't go belly up.
 
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