Longshot, I fully agree that the U.S. markets have risen far to quickly and probably will experience a correction whereas the Australian market is at fair value.
The problem is that if the U.S. market falls or corrects the Australian market will follow suit regardless of whether it is at fair value or not..
Capital preservation is paramount at present...
DYOR
MBE Price at posting:
15.5¢ Sentiment: Hold Disclosure: Not Held