Originally Posted by
Waltzingironmansinlgescul
3.50 by next monday? i hope not...... please i havnt even set up my reflation portfolio thinking that the market would be terrified to invest... no so... i now feel by the shear scale of money flowing into the market we are going to have a new bull market and the proces will in 5 years be higher than the last bull market...DISC: own sky city in 2 portfolios and do not want this stock to recover until after the banks recover... This market is not even remotely following the GFC play book due to the fact that investors now realise that QE and the new QE to infinity means neither the banks nor businesses can go bust... in the next Global financial markey melt down the RBNZ will follow the feds lead and buy rated bonds of NZ companies? i hope im still trading to see it..this is not your grand parents depression. Roads packed in the southern districts of waipa.. You would not even know the tourists have gone...Except prehaps farther south in rotorua and tuapo..