i post this on 07/08/11 16.27 as i said dont buy IMO poor people that buy shares yesterday cheaper time caming IMO After reading the newspaper the past few weeks Newspaper have alot to answer for in the past few weeks with heardline like CFC mark 2 Bad news Finacial crisis isnt over yet market down 30 billion dollars its go on the front page when the market goes up by 30 billion it doesnt make first page news at all I think the market should be focused on the underlying performance of the business and fundamentals But when people get scared its sell sell sell S&P should be downgraded too who save that banks in 2008 The US goverment Thanks to the news headlines that i read we will head for a CFE 2 cause of them and yes bad leadership too Newpaper people need to found a real job too and stop scared us all into a CFE 2
I do think the All Ordinaries will go back down to 3,100 sorry to say
all I can say good luck to all hold on dont buy anything now it will become cheap