Club Mulgoa

Wednesday, June 22, 2011

ASX turning... momentarily

The Greek problem is only featherweight. What is more worrying is debt in the bigger nation, like the USA.

Today, the market turned but I think this is only temporarily. Not a good day to buy but I did collect more RAU at 0.4c. Smart or dumb?

Certainly what I collected yesterday has done okay. Because I sold my SGY and EQN, I have spare cash but not a lot. This allowed me to indulge at the bottom of the barrel. If people want to sell low, I am happy to buy.

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