DJ... the Yanks are still the principal determinant

All these talks about the decline of the USA are too premature.  But it is definitely the truth now that China is a dominant factor in world market performance.  What is certain is the uncertainty in virtually all the markets around the world, and it is mostly bad.

Yet, towards the end of trading in Wall Street, the market suddenly turned upwards.  All news are generally bad.  Perhaps some trading computers are expecting QE3 to commence.  Maybe the mint in the USA is starting to warm up and someone heard it... so the SPI is benefiting too, up 17 points.

I am only buying when idiots are dumping their shares.  I picked up some PCL at 13.5c, just slightly above the recent trough.  I couldn't believe someone would dump those shares.  My low bid for ABU has expired and I doubt it will ever hit 3.7c again unless there are some really, really bad news coming up.  But life is full of idiots!