upward trend 1.50 next stop , page-7

gself says...

"I just think its crazy when some other posters make these statements like the boom has not gone it is going to get bigger than before when so many things can go wrong."

OK then, let's see what the PROFESSIONALS are saying:


1. July 24 (Bloomberg) -- AMP Capital Investors, the Sydney- based mutual fund manager that oversees $95 billion, says its buying Australian shares and selling government bonds in anticipation of a cyclical bull market for equities.


2. Nov. 19 (Bloomberg) -- The Organization for Economic Cooperation and Development doubled its growth forecast for the leading developed economies next year and predicted a further acceleration in 2011 as China powers a global recovery.



3. Jan. 8 (Bloomberg) -- Australias economy is heading for its next big boom, according to Gerry Harvey, billionaire chairman of the nations largest electronics seller, after a report showed retail sales surged by the most in eight months.


4. Iron ore shipments from Western Australias Port Hedland, the worlds largest bulk exporting port, will double in three years as BHP Billiton Ltd. expands its overseas sales of the steelmaking ingredient, Andre Bush, the citys Port Authority chief executive officer, said in an interview on Jan. 6.

YES INDEED.