redbacka's - boom boom tuesday, page-134

martis,I will have a go.No risk depression, is upon the 17 nations plus peripherals, poor sods that form the Eurozone.By all indicators.

Yes the USA is mired in unsustainable debt.

So,by extension we in Australia,our businesses and assets are about to be downgraded?

I don't subscribe to that.The fact is we have been downgraded.As a self confessed dinosaur I am now buying stocks for my grandchildren.

I will just pick up the divis for holidays and an extravagant likestyle:)

Worst case scenario is world depression.Well we are all cactus then,no where to hide.

Best case XJO5000 at year end.

Somewhere in the middle with some profitable trades under the belt the best short term option I see.

If one can make a grand a month on swings,well that is hardly subsistance living:)