Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (257)	9/4/2005 10:05:23 PM
From: Moominoid	Read Replies (1) \| Respond to of 217747

But only 5%? Is that because the government might seize it? In Aus pundits are predicting the Aussie to go to 80 cents US. Suits me. Aussie stock market down including News Corp which today broke down out of a big triangle formation and hopefully predicts the direction of the US markets this week (down). News is getting to key support but clearly I think it will fall much lower maybe $1.50 or so Aussie or American take your pick. Telstra also down big (5%). Today they forecast profits down by 7-10%. The government wants to privatize the remaining 50% and management keeps coming out with really negative statements like this and last week one of the top execs said he wouldn't recommend his mother to buy it. Bizarre. I think he is one of those imported Americans as is the CEO. The stock price has been falling for a while...