lets all take a breather over weekend

as i sit here on my computer this saturday morning and have a look at my watchlist on commsec, all i see is carnage.

WHAT A FREAKIN WEEK!!!

i am slowly starting to calm down and am seeing these massive selloffs in companies that were flying 3 months ago.

i mean if someone told me 3 months ago that FMG would be $2.60, i would have told them that i would sell my unit and put it all on it if it ever got there.

MAK @50 CENTS
MMX @70 CENTS
BHP @$27

the americans have instilled so much fear into our market that these stocks are incredibly cheap now.

our country is sound, the fundamentals are good, we do not have a sub prime mortgage crisis, we deal with china who will stop growing at 10% down to 7-8%. GEEZ THAT IS STILL PRETTY GOOD IMO.

OUR EXPORTS TO USA ARE 7 % TOTAL (from memory).

sorry about the long post fellas and gals but we need calm in this time and the fundamentals of our companies are still good.

keep well and have a good weekend people.