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November 16, 2007

Comments

h

Do enjoy your postings, good to see some reasoned comment and analysis. I had been thinking that we hadn't experienced much of a downturn since October, but that was because we had been looking at the XAO. Once we started to look at the other indices it became apparent that we were already well into a correction. For example, since 1 October, ANZ down 13%, BHP 12.4%, BSL 18.3%, ORG 15.8% and WES 13.6%, not to mention ZFX down a whopping 22.6%.

Thanks
h

J

Hi THT,

Enjoy following your blog. Bit thinner since you got back from hols, but thought-provoking nonetheless.

Anyway, still thinking we'll rally into Christmas? The way it's been going, I'm certainly not holding my breath.

Cheers

J

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