Centro Shares Plung 70 % On Australian Ex After Profit Forecast Cut on U.S. Subprime

[dcraig]

Buying the Australian market looks over the last few years looks like a pretty smart move to me.

http://finance.yahoo.com/q/bc?s=^GSPC&t=5y&l=off&z=l&q=l&c=^AORD

 

[Bogan7]

Quote from Alex_in_Oz:

We also have our own accounting "standards" (or rather 'lack of standards')

The public in this country are more stupid than your wildest Kentucky redneck, believe me!

We do have our share that twat T28 is a prime example but certainly no greater % than other countries

 

[mokwit]

Quote from dcraig:

Buying the Australian market looks over the last few years looks like a pretty smart move to me.

http://finance.yahoo.com/q/bc?s=^GSPC&t=5y&l=off&z=l&q=l&c=^AORD

Agree, but the public comes in at the last 30-50% of a move that corrects 60%. They make more than pro traders on paper due to not cutting losses, doubling up etc , but then ride it all the way down.