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Well I am saying 2500-2600 All Ords by Nov/Dec. So off the current 4460, say 45%. Then my crystal ball says another rally for a while, then the last down to maybe 2200, before it's all over. I think this because it will take a while for all the Alt-A, and option arms in the US to filter...

OK, this is my final post! promise. Getting more and more news that after this large rally in stock, the next move down will be big and will be in Sep/Oct/Nov. We're not talking the fringe analysts here. Reasons given are the same reasons as I believe. All the talk of "recovery" is just a...