Have been out of the market mostly. Playing BHP as a penny stock only.Consentrating now on what type of bottom will be formed. Favour a replay of 1973-5 scenario but of course it won't be exactly the same. The size of the bubble is the problem as it will take some time to digest and unwind. Superfunds are also to come under scrutiny as they weren't so big in previous crashes. Too much money being taken off workers and too little avenues to invest in, hence overpriced market. If low interest rates, poor real estate, and sluggish stockmarkets reign for a while, why put money into super???
