wes chart, page-4

fizz- the whole market ,especially big div.safe targets like wes,are going to go up a lot more than today"s sp.
that"s why looking at graphs equates to nothing-we are in the middle of a humongous bull run since the rba let the reins loose.it's the perception from overseas investors that is the biggest influence on all this-they now think ausland is a safe haven,but a honeypot as well,with the hint of possibility of further easing of monetary policy if need be to sweeten the deal even more.(QE stimulus).
that"s why if you are holding cash waiting for a downturn to get a bargain,you have basically missed the boat.
then again,never too late to jump on board the gravy train either.
ps-our share market will flourish,but our economy will be in the doldrums.then again,who cares unless you have a conscience.
cheers crazypunter