The principal is actually very simple: pension plans behave like long- term momentum investors. So they tend to buy into rising markets…until after those markets have peaked and begun a major decline.
October 16th, 2009 | Eric J. Fry | 2 comments | Continued Our DR Global Editions: 
Sunday, March 21st, 2010
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The Markets
All Ordinaries 4890.10 +12.40
S&p/asx 200 4872.20 +9.10
Sse Composite Ind 3067.75 +21.66
Gold Mar 10 1107.40 -20.00
Crude Oil Apr 10 80.68 -1.57
Nikkei 225 10824.72 +80.69
DJIA 10741.98 -37.19
S&P 500 1159.90 -5.92
Ftse 100 5650.13 +7.51
2010-03-19 01:38 Most Comments
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second paragraph, second line, first semicolon......
kaboom !
goodness gracious, nothing but a couple of warm beers left to put me to ...
baal | 21Mar10 | More -
Shoes: "I think stocks will be fine because I have them" "I think property will be fine because that's what ...
Biker Pete | 21Mar10 | More -
Shoes: "I think we will have a correction and then we will get better..."
I think our kids may say: "I ...
Biker Pete | 21Mar10 | More -
"We need less government.."
Words cannot convey how much I agree with that Shoes.
Lachlan | 21Mar10 | More -
Where our deficits go..
To quote David Galland at Casey's.
"The city council has awarded Sydney artists Michaela Gleave and Kate Mitchell ...
Lachlan | 20Mar10 | More -
@Lachlan
Comment by Lachlan on 20 March 2010:
We need less expensive governments.
We need less government...
My mind boggles trying to understand why ...
Stillgotshoeson | 20Mar10 | More -
@Biker Pete
Comment by Biker Pete on 20 March 2010:
Interesting summary, Nick. It's likely that some locations are 'alarmingly overvalued' and ...
Stillgotshoeson | 20Mar10 | More -
My theory.
Oz has some good things going for it but some bad too.
Credit is tight for OZ consumer domestic now.
Money ...
Lachlan | 20Mar10 | More -
@nick
Hi Stillgotshoeson, I am bearish for US, UK & Europe, I am bullish for Global & very bullish for Australia. ...
Stillgotshoeson | 20Mar10 | More -
Hi Stillgotshoeson, I am bearish for US, UK & Europe, I am bullish for Global & very bullish for Australia. ...
nick | 20Mar10 | More
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second paragraph, second line, first semicolon......
kaboom !
goodness gracious, nothing but a couple of warm beers left to put me to ...
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