ozcutty2

Why You Should Stick With the Dollar and the U.S.

ironmeteor is spot on, except his comment about Australia. Australia is Chinas mine so is going to get creamed. The Rudd governemnt spend 60 billion (deficit) last year alone just trying to keep us out of recession. We have had 3 stimulus packages and they have given out big grants to first home buyers. This is not sustainable, just encourages people to go in over their heads. When US starts to recover, Australia will be tanking.

Dow Price Targets from Last November

What a joke analysts really are. I watched Bear Stearns and Countrywide get sold off cheap, yet analysts still had high target prices, ridiculous and a total waste of time.
My tip is to live as far away from Wall Street as possible and ignor this mob.