XJO 0.93% 7,889.6 s&p/asx 200

haspete's -1 good bull in the paddock - friday, page-86

  1. 1,932 Posts.
    I'd like to see the RBA lower interest rates in a big hit, Make international money leave the AUD/whatever carry trade and bring our $ down to a more reasonable level so that international money may actually start buying our shares again as at the moment they are pretty damn expensive.

    On the plus side with out strong $ we should be ditching whatever aussie shares we have and buying international shares with our current buying power. Then when/if the AUD drops down to parity sell the international shares and buy aussie ones again and hopefully take a profit both in the sold shares and the buying back in to a cheaper currency.
 
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