Club Mulgoa

Wednesday, July 10, 2013

Laying low...

I find it impossible to decipher market movement at the moment.  You can understand gold stocks falling because the POG has fallen drastically.  Yet with world economy not really progressing that well, you wonder why the financial stocks are doing so well.  Perhaps, Macquarie Bank is doing many, many deals that we are unaware of.  And the Big Four are doing extremely well but again we are not privy to that information.

In the meantime, I am sitting still...

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