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and this says it all Quote: Originally Posted by nonrecourse my call on the asx reaching 2200 in October 2009 is looking a tad conservative don't you think with all the bad news who cares? if you think it will head that way the take a spread of a hedged CFD position and profit from it...

:confused: But you say your not worried that was the point I was trying to make. How can you not be worried if your speculating on the share market?

Blue Card posted this on 16.07.2008 I think Mary has her umbrella up bluey, I'd be worried;)

I posted this on the 22.06 2008 and.... (see next post)

The credit crunch goes to the next phase If there is a run on the stock market like 1987 this time there will not be a delay in a collapse in the property market as occurred then. I have mentioned before if you have not set up your LOC's and placed them in another bank to draw on during...