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oh well... I dont rate tips as a rule.. Its a mugs game...ill plug away for my 25% p.a. Return in my own way. I figure do this for 10 yrs and ill call it a day in los
Hows everyone going in the latest round of madness?
Nothing has changed in the past month yet the markets have been hammered.
My thoughts are that the markets is wrong - but how can it be? The market is always right - it is the market after all~
As i see it 75% of US companies exceeded earnings expectations in recent announcement - companies are flushed with cash right now... The economy is slow but not technically in a recession.... whats not to like? Corporate America is doing WELL!
Gets me thinking - the market must be wrong - then again getting margin called yesterday wasn't the most pleasant moment of the week
GFC mark 2 ~ NO chance IMHO.
USA can get out of their problems. (They'll just inflate themselves out when the time is right)
Europe - who really cares - And anyways, the most important countries are fine (ie. Germany is booming).
My tip for the next six months in aussie markets is UXC ~ I'll leave the mining tips to Ninewives as he has a proven track record.
UXC is primed for a takeover when the divestment of the FSG group goes through
I've been ass-raped on UXC but my choice as i could have sold for a modest profit.
Divestment is taking longer than expected to clear the decks - won't be 2nd half FY before the picture becomes clear
What are the tips for 2012? Anybody dare to make a suggestion?
I'll be looking at high yield stocks coupled with option writing stategies - some really easy money to be made now if you can put up with the volatility.
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