XJO 0.10% 7,767.5 s&p/asx 200

Bendigo the 'bottom picker'?LOLReckon we might drop back a bit...

  1. 5,867 Posts.
    Bendigo the 'bottom picker'?LOL

    Reckon we might drop back a bit in the next few months as the profit declines wash through and limited light on the horizon. A sort of boredom factor?

    Recent market moves certainly suggest there is plenty of cash out there, and when it finally does move could be a reasonably dramatic bounce.

    On the negative side, Japan is a basket case with Europe not far behind. US will eventually recognise it too is in the ditch whilst the Chinese will continue to fudge figures.

    Can see our dollar continue to rise, particularly later in the year.

    Still happy holding gold....

    Cheers,TAS
 
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