High Again.Back in here for a brief visit, and am relieved that...

High Again.

Back in here for a brief visit, and am relieved that my post wasn't taken as rubbing salt into the many wounds out there.

I was being facetious and thought an attempt at wry humour mightn't go astray.

At times like these, our emotions usually lead us into making irrational decisions. And although those decisions might provide temporary relief from acute financial trauma, invariably the pain returns as we get a rebound in the market and we are left high and dry and lamenting real losses.

The old adage, "The Market is Usually Right" is fair enough too, however the market is focussed on the sub prime debacle as it plays out around the globe. At the moment it doesn't give a rat's anus (the other word may have got me banned) about the fundamentals of any of the stocks on the ASX at the moment.

At the present time we must be much closer to a bottom (whether temporary or otherwise) and a decent rally, than an end of the world scenario. That will give time for us to reassess our positions and to see if the company can actually deliver anything of quantifiable substance. It is getting very close to "Put Up or Shut Up" time for Smyth and his crew. For what it is worth....I still think they can......but I have been known to be wrong before....LOL

All the best guys
Nev