Hi unhedged ... the XJO high was Nov 2007 and here we are nearly 4 years later and the Market is still in the toilet and the latest buzz coming down the pike is GLOBAL DEPRESSION !!!
YIKES ... like if EU default is not enough and US is bankrupt !!!
Hedgies running their Bot machines SMASH anything that looks like moving makes the rest of us look like sittin' ducks.
Seems like I have been in Bonds for like forever and since 2008 have averaged around 8% ... better than nothing .. and about the long term average for the Market sooooo ..
In the meantime, if a sunny day, better to take my Ducati out for a run through the Adelaide Hills ... yay