Santa rally

Hi Peter,

Are you feeling the pain like us? It is doubtful your santa rally will occur before Christmas. Have you still got your holdings and added to them as you encouraged us to do, or did you see something and sell before you went to the US?

When do you propose we should be buyers now?

A: Thanks Rob for your comments.


Yes, I am feeling some pain – as I am pretty fully invested.


I didn’t see the plunge in oil prices coming, and certainly expected the Australian economy to do better.


Hopefully, you have seen by now what I wrote in Monday’s Switzer Super Report as to my next moves.


Best regards,


Peter.



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