Mower, I note your last post. I feel the Auzzie market just cannot move higher it keep getting blocked. That is why I have put my wifes funds and sisters daughters funds in to BEAR share.
I have played a double up type game ie buy more on fall and sell as going up. They don't move much but have produced a good few precent gain over the past 6 months.
The 4 corners program last night is worth a watch if you are feeling complacent and positive on Australia the amounts of borrowed money are mind blowing.
Borrowings increase from 110 % of GDP in 2008 to 270% end 2013 AND the shadow banking system is unknown!! Reminds me on the show Babylon 5 in 1992 with the coming of the shadows it wasn't pretty.
Be careful NOT to lose money guys the system is not stable. Trying for an extra 10 % this year (LONG) is too dangerous prefer to be short but when it comes it will happen VERY fast so need to be in BEFORE.
Hope your weekend was good, Ive been working all weekend back to the students tomorrow and holidays coming up end of next week Camping at Exmouth and staying in ""luxury"" just kidding at Coral bay with the family. I will drive up.girls will fly up".
Enjoy F
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Mower, I note your last post. I feel the Auzzie market just...
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