DJ1, no one in this thread is calling for a major crash mate so...

DJ1, no one in this thread is calling for a major crash mate so no need to get edgy about it yet.

There are enough concerns out there in this toppy markets to be holding long or commit more money into stocks. You got Europe sovereign debts problems, civil unrest in Middle East, Japan downgraded and talk of the same downgrade for the US. At home we got the flood problem and tax levy and inflation risk. Any trader or investor is smart enough to step aside and wait or take some shorts to cover their stocks holding.

Oz economy cannot be robust if it wasn't for the US economy so that comparison will not last long as China will run out of money if yanks don't recover soon.

You know they call me Budgie "God"...