CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
- Posts
- 11,543
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- 519
The market should have factored that in. It was pretty obvious. He conceded within half an hour!!
Looks like the people are just going to push the socialist well-fair thing till their all bankrupt and money has no meaning any more.
More printing for everyone.
Gold should actually start turning positive again, you'd think.
Hoping for a decent fall as I want to load up my margin loan.
Maybe a good idea to wait little then it might be OK. Novermber perhaps?That's a great idea.....obviously not received a margin call yet either:screwy:.
Europe's down ~2% since Friday's close.... so probably not priced in I'd say.
We haven't had a triple digit fall for some time...
Europe's down ~2% since Friday's close.... so probably not priced in I'd say.
We haven't had a triple digit fall for some time...
Had it right for the ASX yesterday but wrong for Wall Street today:
hardly moved...,
I wonder if it will ever go back to reality there.....we are back to pre GFC or nearly in the US (but with a USD worth far less I admit..still..)
so might even bounce back here...
Understandable, imho the risk remains to the downside. And in any case, falling domestic interest rates combined with a rental crisis, are as likely to stimulate the property market as shares.....But yeah not taking short profits just yet!!
Understandable, imho the risk remains to the downside. And in any case, falling domestic interest rates combined with a rental crisis, are as likely to stimulate the property market as shares.
It's always nice to dream
It will also cause highly leveraged foreign property speculators to rush for the exists instead of combating both falling prices and a falling AUD destroying their "investment".
Most foreign property speculators in Australian REIT's were selling down their holdings when they had the combined advantage of an increased value AUD$ and rising share prices. If anything it took some liquidity out of the sector.
Source?
Had it right for the ASX yesterday but wrong for Wall Street today:
hardly moved...,
I wonder if it will ever go back to reality there.....we are back to pre GFC or nearly in the US (but with a USD worth far less I admit..still..)
so might even bounce back here...
Strange isn't it?
US markets a delayed reaction or are they shrugging it off?
Let's hope no more bumps this week... yesterday hurt.
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