* The market is close to the bottom right now.
* Euro mess is a 'known knowns'.
* Most money at the moment is sitting on the sidelines in cash where there is little return.
I think we are set up very nicely for a rally through until Christmas and into early next year. Resources is the place to be IMO and I keep reminding myself: how much do Australian resource companies export to Europe??
I favour resource stocks and here is a list in no particular order of ones I think will have good returns before Christmas.
RIO, BHP, FMG, AKM, BDR, CBS, SDL, WSA, NCM, RED, CDT, CHN, MDI, CQT, PDN, EXT, XAM.
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- we are set up for a bull rally
we are set up for a bull rally
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