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I posted it here: http://www.somersoft.com/forums/showthread.php?t=54193 As usual some people chose to hijack the thread. Sometimes looking at strategies is like looking at a magician. Do you look at the hand that is waving about as distraction (or displacement i think its called), or...

hey blue card that was a great post about 13 wise men. Without trying to sound too 'conspiritory' there is actually some logic to your statements. Check out the history of the influence of Goldman Sachs employees in government decision making (including Mr Paulson himself).

Nah im not investing in the banks over there. THey have done very well, but i cant value them. I like australian big 4 banks because of their market dominance position (but not at current prices, i was a buyer at prices much below current market prices).

or gradually take exposure to US stocks with overseas earnings or are exporters, this is a strategy i've started to adopt since the AU$ went above 80c (i wanted to buy into the US market earlier this year, but was prevented by the low AU$. No point getting the fundamentals right on the company...