OK, I changed my Super to a cash fund at 5000. I reckon that the ASX might get down to 4000 the way it's dropping right now. At that point, I might change it to Shares.

Starting to look like a W now, but I'd expect we'll get back on track by the end of the year. I'd also expect a few more see-saws yet.  

Wild fluctuations around September. You read it here first.

Yes, the media have been very subdued about it all. Double dip recession? What Double dip recession?

Of course the reality is that we're almost there.

nice chart.
Here's a reliable one - the U.S. dollar index - looks like the greenback is about to go for a roller coaster ride. This is scary stuff:

http://www.bloomberg.com/apps/quote?ticker=DXY%3AIND

That chart is more reliable than a weather forecast.

"Most of them would have preferred Rudd's stimulus package to Obama's."
Well, probably, considering they needed it more than we did; now we have a good old massive deficit just like the yanks do. Great. When does the inflation start here then? It will in the States, that's the only way they're gonna have any hope of devaluing their debt.

"looks set to deteriorate further" - yes, but that's an understatement if ever I heard one. The way things are sounding over there, they'll end up fighting one another. You know how the American government tries to get around their deficit problem? They print money, full time.
When you see that sort of caper being used by governments, you are in big strife.
It doesn't happen in Australia yet; and if they tell you they're going to do it because it will stimulate the economy or something like that - it's crap, doesn't matter whether it is labor or liberal saying it. It isn't good. Lucky we still have iron ore and coal to sell (and tax) in this country so they can fund their deficits rather than the print money caper - or come to you and tax your house or your television or something. (that's the sort of thing they do in countries that don't have natural resources. Make sure they don't drive them offshore, or you'll be paying instead. You can't spend more than you earn, or you will have to get it off someone else. Simple; eternal and true.)

I hate to be a harbinger of gloom and doom. Basically the poster who said that the stimulus packages did no good, was correct. If anything, they made matters worse by increasing national debt.

It might have swept it under the carpet temporarily, but that's about it.

The US Dollar on a roller coaster ride ? That means buy Gold. The Gold price will  continue to rise as a result.

All the ingredients are there for another plunge. The US Labour market is looking dismal, nobody has actually done much about the causes of the last crash. They just tried to treat the symptoms with stimulus packages.

Then there is the impending phosphate crunch.  What happens when we can't meet fertiliser demands with 7 Billion people on this Earth?

Then there's Peak Oil..... and Climate Change, but that comes later.

It's enough to drive you to religion. Fortunately I'm a Buddhist today so at least I realise that there is no self, and nothing that belongs to that self. It's just a false understanding of a selfish mind

So what have we got to lose?

muso - some of my friends and myself were bitterley disappointed by the GFC.

we had got all cashed up, ready to benefit from those who were over indebted.
but it never happened !!!!!!!
No houses sold for $50K, 3 year old cars for $200

what a swizz

hahhah, i saved one of my mates a packet on those.

advised him to sell out at the loss he already had, he did.

It's pretty widely recognised the stimulus package saved Australia from going into recession and kept the unemployement rate from going down. Yes it used up the government's surplus, but you must consider what there tax receipts would be like if we went into recession. Ie we would end up in deficit anyway.

Regarding shares, if your worried enough to sell them all then you will also miss out when they go up again.