nice post sabretoothed...
id rather be invested in a trashed sector like telco's at present, than holding overheated resource stocks.
bhp down 7% on thursday reminded me of the first creaking noise coming from a large tree branch that sooner or later is going to come tumbling down...
the market is essentially a playground for the mr bigs to clean up, the insane oil surge we are seeing at present will just about be the last roll of the dice in the resources boom imho...
it might just be techs turn to be the next sector to find favour and in the meantime tls continues to pay great dividends. communication is an essential service for human beings existing on the planet and in australia there is none bigger or better than tls. it really is still a monopoly.
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