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Shares- Bottom of Market Reached or Not?
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Cobber
May 3, 2009, 6:40:46 PM5/3/09
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We have had a decent sharemarket bounce (20% or so) in Australia since the
7th March, which so far is still holding up. My question is, have we
already been thru the bottom of the Aust sharemrket or is this a temporary
re-bound with the bottom yet to come? What's your theory and why?
7th March, which so far is still holding up. My question is, have we
already been thru the bottom of the Aust sharemrket or is this a temporary
re-bound with the bottom yet to come? What's your theory and why?
jg
May 3, 2009, 7:43:37 PM5/3/09
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If I had a theory I might be claiming to have been able to prevent all
this 2 years ago, but with 20 million Chinese out of work I wouldn't be
counting on many corners having been turned right now.
Neil Gerace
May 4, 2009, 9:16:16 AM5/4/09
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And the rest: CBA shares have appreciated 50% since late Jan.
to...@altavista.com
May 5, 2009, 10:51:08 AM5/5/09
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Just what does that work out as a percentage of Chinas population ?
1% ??
>
jg
May 5, 2009, 5:07:01 PM5/5/09
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Of the working population? Very little just like our unemployment rate,
although it should be clarified these are newly unemployed Chinese.
Guess I had better go and buy lots of shares then huh?
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