Winston001
10-05-2006, 12:53 PM
As I understand this, http://www.paritech.com.au/paritech-site/education/beginners/strategies/clock.asp shares rise before property. Or after. In other words, when property booms money follows it, and when it crashes (goes quiet) the money flees to equities.
But what about the current situation? It seems to me that both property and shares around the world are booming which runs counter to the clock. There is a disconnect somewhere.
I can guess that the net savings of Asian people and well-off Westerners are chasing capital investments of both kinds.
So where does it end? And more importantly, where is the smart money moving to? Gold? What are the contrarian strategies being adopted? My portfolio jumped $10,000 overnight and I'm delighted but nervous. :D
But what about the current situation? It seems to me that both property and shares around the world are booming which runs counter to the clock. There is a disconnect somewhere.
I can guess that the net savings of Asian people and well-off Westerners are chasing capital investments of both kinds.
So where does it end? And more importantly, where is the smart money moving to? Gold? What are the contrarian strategies being adopted? My portfolio jumped $10,000 overnight and I'm delighted but nervous. :D