bogsseveral months ago i posted that sub prime would run into...

bogs
several months ago i posted that sub prime would run into trillions the world over and be the single biggest distructive (non nuclear) event the world has experienced.

i think we can now say that was an understatement.We are still far from bottom.Australia is not expected to feel the full effect for another six months.

alba,everyone is trying to get into cash to protect their super or savings,simple as that.Take a loss now in anticipation of a possible greater loss tomorrow.

It will bounce back and if you have the capital,buy in big now before the fear and uncertainty fades,by then you will have missed the nms boat.

guys,give him some slack.he has his nuts on this