Club Mulgoa

Monday, June 20, 2011

Greek dilemma

No, nothing to do with Australian Greeks but Greeks from Greece.

It is for me a good time to buy into the market. I was busy at work so I couldn't indulge. Last time I bought when Greece was unfolding, I made a lot of profit when investors were selling.

I am hoping to repeat that experience. I sold EQN recently to Barrick and am still waiting for my Canadian cheque.

I am assuming the markets spooked because of Greece. But there might be a bigger picture because Greece is so insignificant in world trade.

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