It has been a great run from about Christmas till 2nd week in JAn especially for spec/commodities stocks
I suppose it was inevitable for there to be a pull back. I've been trying to take some profits and free up some cash. If there is a more significant correction I want to have some cash available to pick up the inevitable bargains
long term still pretty bullish. The China bears have been around for a long time but I think China will manage things well and continue to power along at high growth rates pulling Australia along on it's coat tails
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Peter Batten, MD
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