May

The market now seems very skittish  as we these days follow the American market to a large degree,but in fact the DOW has only fallen back about 6% from its highs last week.It might fall another 4%.Every time the market climbs the commentators  mention the recovery in America and every time it falls they mention Greece.Quite laughable really ,NO MARKET GOES UP IN A STRAIGHT LINE. YOU DON'T HAVE TO TRADE DERIVITIVES but to get a good idea of how our market works do read Naomi's latest Derivitive trader. Go to    http://www.2010plusstocktrends.blogspot.com/ 
makes good reading.

Sell off or Sell out?

Just one of the worst sell-off days in most Stock Markets worldwide.We will never get our problems right whilst politicians have not the will to tackle the problems and resort to all tipes of gimmicks to promote their own agendas to get themselves re-elected.Australia is a good exmple at the moment ,where the labour government has proposed a 40% surcharge on miners  profits.,right before the election .It is not likely to pass through the upper house of parlement,but has done irrepalible harm as now investors are been chased away.Supposedly the prime minister has suddenly discovered the minerals belong to the "people". How ever what he does not tell his electorate is how their government will probably fritter away any money so raised.America ,Europe ,South Africa are all fed the great democracy story.Now don't get me wrong ,I fought long and hard for democracy myself. Perhaps we should start to fight for Democracy with Responsibility instead,in future. IMPORTANT;
SEE MY BLOG  ON THE WORLD TUBULENCE ON THE 27 APRIL 2010 go to http://www.sashares2010.blogspot.com