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Showing posts from November, 2008

Credit crisis ..blah..blah.. Anz video, chappy the aboriginal singer

So we are in for the long term .. might as well tuck in our warm clothes to outlive all those shivers..
With this credit crisis showing no end with waning off.. and going on.. and on..and onn..

We might as well sit back and eenjoy some other flavors austrlai has to offer
check out these entertaining aussie videos from you-tube below ..

Anz iphone video and chappy the singing aborginal

Is that the australian police ?. Looks like they have got a lott of time on thier hands for this sorta stuff

Recent posts
November (4) Crown oaks Cup Get a free 200 $ BetIts Receivers Season75 basis point rate cut in interest rates by the R...Melbourne Cup Get a free 200 $ Bet October (18) Season for margin callsCrop rotation & sophisticated soil testing techniq...U.S. stocks surges more than 10 percentGlobal recession to last 2 years: Morgan StanleyAustralian and New Zealand dollars fallAmerica on SaleCredit crisis is a JOKEWill Australia beat RECESSION ?First Home buyers Grant TRiples -PropertyWho is …

Who Is Aussie Rob lifestyle Trader ?

Aussie rob is still quite a popular search on the internet.. and keeps popping up on searches! why?Is it because he is a magic formula trader or is it because he has marketed himself well online ,but there is more  hidden!!So who is he ? - In his own terms on his website , as mentionedG'day... My name's Rob Wilson, or as I'm known in the industry, "Aussie Rob". I think it's really important for those of you who do not know me as yet, to understand that I am a trader. I, just like you, have been looking for the holy grail. I retired from the Rat Race and traded for a living while traveling the world undertaking every course I could get my hands on, subscribing to all of those newsletters and buying countless pieces of software, books, CDs, videos bla la bla...
I finally found my calling in life, teaching others how to trade. In each of my training sessions the same old stumbling block kept raising it's ugly head. Analysis Paralysis.... Virtually ever…

$586bn stimulus package BY CHINA

The Chinese government kicked off proceedings yesterday when it announced a $586bn stimulus package – equivalent to almost a fifth of its GDP last year – to boost domestic infrastructure spending and stimulate their economy which has dropped to an annualised GDP growth rate of 9%. All the cash will be used up by the end of 2010. Resources outperforming on the back of the newsThe Dow was up 248. Up all session – up 265 at best. Market overlooked negative employment data and poor 3Q results - market had already factored in the bad news. Unemployment rocketed to 6.5% with a larger-than-expected fall in payrolls – was up a hefty 0.4% in October from September. President Elect Barak Obama said the US requires a fiscal stimulus plan and a rescue package for the middle class. Ford and General Motors ate through their cash reserves in the 3Q. Bonds down. Gold and metals up moderately. A$ up 1.38% against the US dollar – and up 2.39% this morning to 69.17c.November (4) Crown oaks Cup Ge…

Its Receivers Season

Macquarie Group expects big falls in contract iron ore prices in 2009 going by what speakers had to say at the Macquarie China conference. Despite the bleak research, iron ore stocks are outperforming - BHP up 4.5%, RIO up 4% and FMG up 5.1%.Other News :The world is waiting on who will be the next President of the US – Barrack Obama remains the favourite.BAD NEWS keeps coming inAllco Finance Group(AFG) has called in the receivers. Commonwealth Bank seems to be the most exposed among the major banks.Babcock & Brown Infrastructure Group (BBI) announced it will suspend payment of distributions and defer dividends until further notice.Bendigo and Adelaide Bank(BEN) has withdrawn its $75m convertible preference share offer due to deteriorating market conditionsThe Australian and the AFR both suggest ABC Learning (ABS) is thinking about calling in the receivers having failed to re-negotiate loans with banks. The CBA is the main lender according to the AFR with $500m thought to be outsta…

75 basis point rate cut in interest rates by the Reserve Bank of Australia today Tuesday Nov 4 2008.

Reserve Bank cuts interest rates by 75 basis points to 5.25% The third consecutive drop takes the official rate to 5.25 per cent, its lowest level since May 2006.
Last month the RBA stunned observers by taking the official interest rate from 7 to 6 per cent.

Federal Treasurer Wayne Swan yesterday said interest rate cuts should be passed on in full as soon as possible.

"I would expect banks to pass on any cut ... as quickly and as rapidly as they possibly can," he said.
Analysts say October's panic-driven selling had been in line with an historical trend of October being the worst month for the markets.

But confidence appears to be returning as fund managers take advantage of bargain stocks, supported by retail investors as credit markets thaw somewhat.
The Reserve Bank of Australia (RBA) has slashed interest rates by 0.75 of a percentage point.

Opposition Leader Malcolm Turnbull is taking the same stance, saying despite the global economic turmoil, the banks are in a …