Share Market Wrap 25th July 2008

[youtube]http://www.youtube.com/watch?v=HcfXhLubLL4[/youtube] A few weeks ago I indicated that the rising price of oil was based more on speculation rather than supply and demand. I also pointed to the price of oil peaking this year, with prices likely to fall over the next one to two years to around $70 a barrel. In the last two  […read more]

Share Market Wrap 18th July 2008

[youtube]http://www.youtube.com/watch?v=unsJ-GvFr9Y[/youtube] When analysing the market, it is important to always review the historical patterns to assist in forming a view of what may occur in the future. It is a well known fact that the All Ordinaries has a history of making a major low approximately every 4 years, and with the last 4 year  […read more]

Share Market Wrap 11th July 2008

[youtube]http://www.youtube.com/watch?v=suZ6B1GBU8k[/youtube] There is an old saying that the darkest hour is just before dawn and this is, at times, a very appropriate phrase when referring to the share market. In October 1997 experts were predicting a global meltdown as a result of the Asia crisis, yet our market rose 40% over the next two years.  […read more]

Share Market Wrap 4th July 2008

[youtube]http://www.youtube.com/watch?v=n_DWcba57jk&fmt=18[/youtube] The price of oil continues to rise, but the question on most people’s minds is why is it going up and how far will it go? In my opinion, it has nothing to do with the laws of supply and demand and everything to do with speculators pushing the price higher. As we all  […read more]