its gunna be a tough 1st half 2008

if you've got a dodgy ticker it might be worth considering taking a break from the ASX market and going on a long holiday.

the usual trend is that we follow the DJIA/Nth American market like a bad smell.

as things currently stand, the U.S market is on the brink off melt down.

and the 1st half of 2008 wont be pretty.

too many issues now make it even more harder for a turn around with in the near future.

major hurdles :

subprime..

defaults on mortgage payments..

credit squeeze..

i can see some issues with corporate earnings in the 1st half caused by price of oil being well above $90bbl. obviously oil producers will benefit, but thats about all.

unemployment going up..

economy slowly at a rapid rate.

thats just a few examples, dig deeper and you'll find more.

so in a nut shell...TAKE CARE INVESTING..