NWE 0.00% 5.6¢ norwest energy nl

SULTANA,Nice comments; market having problems keeping its...

  1. 1,200 Posts.
    SULTANA,

    Nice comments; market having problems keeping its current investors/traders and hard to imagine why new money would enter the market until Iraq/Korea/US-economy all pans out. Meanwhile spin-doctors around the world keep on spinning the recovery is around the corner, the HOPE in the market is palpable ATM and this will yield to FEAR in the coming months. Typical Bear market at the moment with a severe lack of BUYERS.. A bursting of the real-estate bubble should eventually see more money entering ASX. I am continually amazed while driving around Sydney the HUGE number of developments being thrown up in almost any suburb your choose to name, the overhang created by the current bubble should drive down prices for years to come.

    Regards
 
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