Hi Rowser,
maybe so, but AUT did fall 50% immediately on the GFC and later another 50% +
took years to get back up
I think MAD is great very long term but I didn't want to see the bulk of my asset dropping 50% for ? how long.
The announcements coming will have much less +impact while Greece is falling and Spain is struggling to have it's banks propped up.
The anticipation of announcements spurred speccies but they won't be buying as freely.
Sentiment now depends on whether you are in for years or not imho.
I'd like the number crunchers here to tell me how low the SP can go without causing too much distress to MADs operation plan please.
cheers
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Hi Rowser,maybe so, but AUT did fall 50% immediately on the GFC...
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