ASX 0.04% $83.47 asx limited

98 bottles of tequila on the wall

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    one down. 98 to go!
    Im down to the worm and have been thinking deep about the markets. )) a few months ago i wrote about the XAO /XJO heading to 4000 - ahving a dip then busting thru it due to the offloading of sh*te stocks and the buying up of good stocks and now its looking like that will happen again with more scrutiny. as we move into the reporting season id say the market will rise due mainly to increased profits in the resources. Around april o5 the world may see the peak in stockmarkets (maybe already happened in the US?). THe aus market will carry on thru profit season then see a leveling out of profits/growth due to infrastructure restraints and lack of infrasturcture investment.
    So aus likely to miss out largely on export growth while infrastructure growth takes place over next cple of yrs. Olso due to major us/aus deficits and inflation (jsut starting) if interest rates go up then cons spending falls which will push the overall stockmarket lower. Sorry to be so pessimistic. I see it as another opportunity but wanted to say something cause i dont like seeing heaos of other people getting burnt.
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