Rally?

One report expects Wall Street to rally next week. Brave reporter! The job data was bad but companies are expected to announce profits above expectation. Well, if that is true, those companies only paint a historical picture and a smaller financial picture. The bigger and more predictive picture is the USA job figure.

And then another reporter thinks the Aussie market will rise, especially the gold sector.

Markets cannot keep going up so there should be a correction. I am hoping the gold producers will be marked down. I love opportunities to top up when idiotic sellers abound. A few years down the line, those sellers might be laughing at me as an idiotic buyer! I am relying on the simple arithmetic. But smart mathematicians are rarely the richest people around :-(