friday...of the damned!!, page-2

Hi BD ... we are hanging on ... down 3.2% ouch

Gonna be a long cold winter ... 5000 is there to be had after the selling is done ... burn hedgies burn.

DJIA up so far this FY ... 29.2%. Bernanke is smart supporting SPX Futures ... Americans with a job are spending coz they feel wealthy again.

The 'lil Aussie bleeder started the FY at 4301 sooo is up 9.2% (plus divvies) and we are supposed to be booming ???

AUD is up 20% on USD over the last year sooo ... the real reason Australia has become an unattractive investment destination is because of the UNCERTAINTY created by Labor.

International investors make up 40% of our Market and they are all headed for the door ... equities are better supported back home in the US.

Commodities bubble has burst as China moves to cool thingies ... people forget that a third of the world's population is starving coz they can't afford the 'soft' commodities which keep them alive ... SPECULATOR profits are more important.

Fortune 500 Companies 2010 US$320billion profits and sitting on US$1.7trillion in CASH !!! They won't invest and create jobs in US. Bums !!!

In the meantime, the BIZ MEDIA are determined to create the 'never-ending-crisis' in the desperate search of 'eyeballs' ... apparently the Media catchphrase for headlines is "if it bleeds, it leads" !!! Good news is Verboten.

Hedgies trashing our Market. (Just heard a billionaire US Hedge Fund Owner convicted of insider-trading is appealing his 20 year sentence ... they need to nail more of these B....... I say)


Cheers ... tight stops.