Major, it's good to be cautious but it probably a bit late in...

Major, it's good to be cautious but it probably a bit late in the game to be throwing in the towel, particularly if you're in this for the long haul as it should still hold water under stress case scenarios.

It's virtually impossible to get through various bits of current research and commentary out there at present, however with knowledge comes the right perspective. TARP will get through is one form or another. Yes we are in for a slow down and current market action is a reflection of this inevitable fact. Not sure about the rest of you but was always in this one for the long haul and even under stressed scenario it holds itself above water.

What I know:

- Supply response has been knocked on the head for some time and may become extreme as commodity prices weaken further ST.
- +70% of China's demand for commodities is internally generated even when their export industries continue to shut shop on a daily basis.
- India will have more people than China next decade and their govt has targeted to urbanise 750M living is squalor.

I'd also suggest you download the weekly report from FN arena and read story 16 "Rumours of China's demise greatly exaggerated" in particular.

http://www.fnarena.com/articles/9CD1A06C-1871-E587-E17C417E8C28CEF1.pdf