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a must read on us market a fall is near, page-29

  1. poyndexter
    37,362 Posts.
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    15/10/07
    00:28
    Post #: 2893037

    Clark

    Thank you very much for that detailed explanation ... it make sense now. One thing I have come to appreciate is the strong earnings of banks ... the divvy cheque on CBA bought at $22 looks pretty good now ... and possibly set to improve in the subprime washout.

    There is a real case for a long term portfolio to at least contain BHP and CBA these days. I know WES is a bit out of favour at the moment but long term I think they will bed down coles and the takeover will have made the group imo.

    Thanks
    P'dex
    XJO Value at posting: 0.00
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    lightbulb Created with Sketch.  Great analysis
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