hear what your saying Stevenjd about positioning BUT would love to see the dow shed another 2ooo or so.
I'm actually quite surprised still > 24,000 with all the negatives floating about, this in itself imo tells you something. In low interest rate environment greed is hard to kill.
the money needs to go somewhere and in absence of total fear it needs a return.
Have a few stocks that I have small holdings in atm that I would love to have far more, only thing holding me back is percieved dow weakness short term, these are all model plays in right place at right time.
CLV is my No1 pick, for MC < 300m best model on ASX.
LON another model although much abused its time is near..
ISX another that the market really does not understand what is actually happening.
Have open positions of 7.5k, 3, 3 in above atm, if I thought the dow was stable on support @ > 24,000 would probably have 50k, 20, 15 invested in each.
A few other good models out there where the passing of time is increasing the potential value but not the SP, hound is bullish IMA for one, just the mention of it he walks around the garage with a 'semi' in the nude, being a dog he can get away with disgusting behaviour like that although the girls do frown (but don't understand), garage as a whole has not regressed that far yet but way its trending to basics would not be surprised what the future holds
Little bloke mentioned the other day that in the absence of a global recession within a low interest rate enviroment liquidity demands one global appreciating asset, hold a couple of goldies atm, not large investments but just in case, model is intial production started and are in ramp up with one other.
Expectations for AU are mixed, still can't get my head around AU going berko accompanied by low inflation but as I say just in case, stop is a key stroke away.
Take above with grain of salt, low interest rates means absence of inflation therefore asset values get illogically skewed, garage has an open mind.
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