Hi blues08,Your comment:"The Good news is that there is very...

Hi blues08,

Your comment:

"The Good news is that there is very little margin to drop. So that means that the trend has to be onwards and up from here!!"

No what it means it that we can go lower and best case for the near future is a sideways movement. IMHO we, Australia, will have a harder landing than the RBA and the Government are saying. We are captive to how the other economies in the world are doing because they buy our resource commodities when their economies are growing and reduce their buying of those resource commodities when their economies are retracing.

Watch to days RBA "Rate Cut" today to get an indication how our economy is doing. Interesting times ahead.


Cheers,
Brantley