Bull Markets are born out of despair.

Markets could go lower, but oil below $30 isn't profitable for most oil companies, but its fantastic news for everyone else!

Bull Markets are born out of despair, and there is plenty of that around.

I am by nature an optimist, but even if your pessimistic, you would have to think we have plenty of babies here being thrown out with the bath water.
Im still getting a monthly bill from origin energy, can't see to many savings, so don't imagine there domestic cash flow has suffered too much.

And Incitec, still makes explosives and Urea, for miners and farmers, new mining startups might have slowed, but Rocks still need to be blown up by miners,  and crops are still being fertilized by farmers, so I don't think their bottom line will be affected as much as people are factoring in.

Both have to be good long term buys I would have thought.

But maybe the market knows more than me?
But my thoughts are we have a lot of stocks that might be reaching their point of maximum financial opportunity.
Bit like gold miners 12 months ago, see performance page. RMS NCM RSG

Maybe not but i think it would be  game man to short some of these now, so probably close to a buy in that sector.