China's economy is still a drop in the ocean compared to the US and won't be overtaking them anytime soon sankhara. Even if they continued to hold ridiculous growth at 8%, that would only add .2 trillion the next year (ignoring the problems this might cause to their inflation rate). As for Australia I wouldnt be suprised to see it the market run down to around 2900-3100. Don't think there is too much cash left to throw in anymore. Have you noticed how short lived the rallies are becoming?
Having said all this, I think MAE is a great long term play after seeing the fundamentals laid out at the recent AGM. You might just have to prepare for a little short-mid term pain thats all.
MAE Price at posting:
18.5¢ Sentiment: LT Buy Disclosure: Held
