which way monday, page-5

"Many stocks are cheap, so need to catch up eventually"


I don't think so - But that's just my opinion.

Cheap compared to insane valuations of 06/07, not good valuations compared to current cash-flow, future growth and gearing.

A lot of what I read on hot copper right now is similar to what I was reading (and myself posting) at the end of '07... "Its just gonna keep going up"... "Super Funds Have heaps of money on the side ready"... "China will support us"... "It may crash next year, but now is not the time"...

It really is de-ja-vu... Hence why I'm a little jumpy.