Hotfire,I sold off all my NYSE/Nasdaq holdings and have...

Hotfire,

I sold off all my NYSE/Nasdaq holdings and have increased holdings in DML,NKP as I see good chance of these developing into significant mining operations over the next 3 years.

I continue to hold AGO and can see a sp of above A$4.00 in 12 months. I also continue to hold PLA.

Agreed that confidence has been sucked out of the market at the moment but the situation is not different to what we had in Jan/Feb when the markets again collapsed and that was in reaction to a)China tightening money supply b)US bank regulation and c)Soverign debt. My guess is that we will have a repeat and will see a strong rebound at some stage.

The catalyst for the next move up could well be final resolution of the Greek crisis as they draw funds from the EU/IMF to meet the May loan repayment obligations.

BR
Max