S&P/ASX 200 Index (AXJO)

Add a New Bulls Reason Index: S&P/ASX 200 Index (AXJO) Current price: Headline: (100 character max) Analysis: Cancel 0% agree 0 votes   MOUNTAIN OF CASH SITTING IN CASH M'MENT FUNDS...FILTERING IN NOW Created when INDEX:AXJO was $0.00 | Edit | History This is the main reason for Aussie market going higher. Banking confidence has returned. Credit markets sorting themselves out. Volatility is measured. Very low inflation (2%) Relatively low unemployment (about 5.5%), Balanced Federal budgets. Only Federal Government debt is the $300 billion "Stimulus package" which will be recouped over 3-5 years... Therefore the market (ASX 200), will finish the year (2009), at around 4,750 points. Raymond (North Carolina. USA) THE LUCKY COUNTRY AGAIN !! (100 character max) Cancel 0% agree 0 votes   S&P/ASX 200 Index (XJO-AU)/Bulls/Invest in the Australian Index! Top Contributor: Charles Armstrong Website: The Daily Angle | Created when INDEX:AXJO was $3.00 | Edit | History Mark my words! Investing with Australian dollars in Australia is preferred and can reduce the risk. (100 character max) Cancel

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