Martis, it is a big call. XJO still below 4300 but the rest of the world gone nuts. Sure, I agree, macro things are poor but are they poorer now than in 2008? In 2008 we had a lot of unknowns. Now we have a lot of knowns. I think maybe they are priced in.
BHP still under 37???
We are all betting on the US falling but it just keeps going up. In the process we could be ignoring one of the greatest buying opps the XJO has ever seen.
No??? I know, I don't really believe it either. But maybe it is time I changed the way I think.
I remember buying BHP at 37 mid way through 2010 after the Eurocrisis version 1, it was $50 last april dyor of course.
the best a hairyback can get tuesday, page-52
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Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,226.3 | 8,319.4 | 8,226.3 |
| XJO (ASX) Chart |