So perhaps instead of looking for a repeat of 2009 one should be far more optimistic and trade accordingly.
As you know I have a scope of several more years in this market and things aren't crazy yet. When the RBA has to prune rates and investors, as in the US, chase yield aggressively we should see the xjo >10,000.
I'm contemplating a long term etf strategy but I'll need the index to break 6K before my assumptions are more concrete.
