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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (73838)	6/20/2010 10:15:45 PM
From: Maurice Winn	2 Recommendations Read Replies (2) \| Respond to of 74559

Hi C2. I didn't see anything but heard that the ref gave many penalties against NZ because the Italians were such melodramatic actors and that's why Italy got a draw; almost as though the ref's job was to ensure the "right" team won. Meanwhile, economically, NZ continues to defy the odds and the NZ$ is NOT falling as it should and house prices remain near all-time highs set a couple of years ago. Perhaps as interest rates start rising and borrowing reduces due to being full of debt and house prices continue to wallow and tax changes force speculative landlords to bail out of their leveraged properties, things will come back into balance. For now though, markets can stay irrational. Mqurice