Hi all
The aussie market has already fallen more than 50 % from the high.
Whereas the US market is still 1000 points away from its high for a 50 % fall.
With the automakers in free fall, what is this going to do to our market?
If we still follow the sheep mentality and follow them, then God help us, the bottom will be closer to any low number you can imagine - no need of special forecasts.
Unless we delink from the american markets at this stage and link ourselves to the Asian markets, there is no end in sight to the bottom of this market.
Sara
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