best buying opportunity in 2+ years coming?, page-23

  1. david25
    5,262 Posts.
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    02/10/11
    15:36
    Post #: 9038478
    The bottom of the market will be somewhere between 2800 and 3500. After the market crashes and spending slows in Australia it will take 12 months for a profit downgrade.

    Depending on how well Australian resource companies are hedged the resouce sector could avoid a recession if the Australian dollar drops.
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    lightbulb Created with Sketch.  Great analysis
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