hers comes the rebound, page-25

Hi MonkeyDex

Re; "Ok its 4:37am. Oils is up, BLT is up 10%, BHP ADR up 2.4%, Cu is up also on the LME, Dow is up. Oh no. Hopefully we dont get slammed too hard today, LOL! "

ATM we need to see the funny side in what has become the reality of the performance of our boarse - I'm glad that our market makers, such as CMC have done well [hmmmm].

IMO we are seeing investors plonk their money where the most exciting leadership [Obama], new expertise [US], pump-priming [US, Europe] is occurring & where costs have been reduced most. Thanks to our RBA, a Government & Opposition that have been deluding themselves Australia has become a relatively expensive and hostile place to do business. We're still really worried about inflation dragons & the possiblity of scoring a deficit!

Add that all money is guaranteed as long as we park it in approved deposits & don't invest in equities - we are telling people not to take risks / invest! Our Government is going to do the risky stuff for us; eventually & if car companies, hospitals, schools, Telstra, the States & local government comes on board that is [inspirational stuff heh?????].

China just cut its rates another 1.08% to 5.25% for loan & 2.5% for deposits & eased pressure on bank holdings. IMO the writing is on the wall for us [hehehehe, wah! wah! wah!].

4YIO - NFA