XJO 0.75% 8,193.4 s&p/asx 200

6 geese lay monday , page-84

  1. 2,797 Posts.
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    OkI take back Inbred, but stand by the rest. Very little contact with the west. A 100% Military government. Its like stepping back into the cold war era. My point being that the uncertainty this change creates will add negative pressure to the markets.
    With regards to the short covering, the market has continually whipsawed a lot of investors/traders. THere is more uncertainty in the markets than certainty and until definite action is taken across the EU which is good enough for bond markets to support large scale lending, the markets will continue down. Our pissy little parcels of shares are NOTHING compared to the bond markets. When lending on such a large scale has no support - That is bad.
    ANy belief that the stock markets will recover must be tied to an understanding of how the bond markets allow money flow thru the economies of countries. Unless you are a person who has no credit liabilites (ie u have no debt) you are innately tied to them.
 
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