I note Europe is now looking a little more positive....for how...

I note Europe is now looking a little more positive....for how long???? it is almost impossible to time this market and the media are having a frenzy in talking all potentially negative news into catostrophic....it sells papers...Asciano, Downer, Nufarm all written off as finished only to find they bounce back nice and hard.

I've basically been long the past year and cost averaged where necessary...bit of head in the sand until all the crap flushes through and sanity prevails...after all Australia is basically aligned with Asia and the economy is doing very nicely but nobody seems to notice????? i guess gfc has really spooked alot of investors.....