the All Ords is miniscule compared to other world markets - don't kid yourselves, you're small fry. Everything from the FTSE, the Dax, the CAC up to the Dow puts the All Ords in the shade. Don't kid yourselves - something going wrong in one of these will have tremendous effects the world over. It will most likely be the Dow where stock prices are still ridiculously overheated and driven by insane levels of leverage. The piper will have to be paid one day and that day, regardless of what you think is a fair price for BHP, will cause the All Ords no end of grief.
