Monday, January 28, 2008

JSE Delusional

So here's the setup: we don't even have the electricity to run our economy, but the JSE is just ticking along as usual. ARE YOU KIDDING ME? The mines are losing RX billion a day, but no probs, the prices of the metals just shoot up and everything is still hunky dory? Umm....kooo koo. Something is very wrong with this perpetual 'sunny-side-up something for nothing' approach.

The All Share is now at 25755.290, down 2.82%. It ought to be closer to 23 000.

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