It seems no Aussies disagree that Australia economies are very successful at least since the global financial crisis. Against the economic success, XAO just turns itself to be a few of siblings of Spanish Stock market house in last one or two years. There are a lot of guesses why XAO performed so bad. When you heard the news you could find the clues why XAO acted irrationally as a whole. It seems the local politics, natural disasters, and insurance in future, have disturbed everyone in XAO and then XAO walked with IBEX hand by hand. Was, is, will be Australia economies bad as that in span? *** It seemed the crowd just waits for the last judgment with the hope that everything would be worse: house market crashing, debt default, mountain of iron ores besides the huge hole, tipped off China economies, and US crash again. Could be XAO right? Possible but is it probable? At least no too many have hopes on Australia except those diehard in XAO. Just see the lines and patterns in the last two years! It is hopeless and then all of guess works become popular in Australia medias and market forums. However I just could not convince myself that Australia has the troubled economies as Span has! I don't buy this call even XAO could continue its downward trend after its rushing into the imaginary GFC II and flatting out! *** I do need focus on building my last defensive lines and updating my mental framework. What I believe that the crowd would be the participant of the grand party and I should be sure I have a mind to get out before the music suddenly stops in next booming time. Are you sure we would have another booming? It is a ocean where we will see a lot of tops and valleys. No genuine explorers would stop his exploration since his ship is in a valley now. What he needs to do is he could be survival in this valley and better find a smoothy port to wait for the days come in for his favor! If you could sustain in the tsunami, you would have chances to get better and better. Of course you need a brave gut and would like to put your efforts for this better life. *** I never listen ABC radio or any English radios widely as what I do now. After listening ABC from early morning to late night for about one week as my storm-type learning method, I do feel the medias or news about the stock market are very insane. Nearly all of the words about the market are based on the premises based on simple guess work or what consequences shown in the market. It is not wrong but it is because the news needs to be sensational and shocking effects. There are needs psychologically and physically for what happen. The problems are that nearly all of us get used to trust what the news say. It is terrible to the market players who do need the disciplines, analysis, and understanding of the possible scenarios of his buying and holding. *** Against the news about stock market, I do enjoy the sanity and logic of the reports about the raining, storms, and natural disasters as well as the medical incidents. It seems the society has the deep understanding of protection, risk control, and scenario analysis. It is understandable since these things are fatal to us. In the stock market, when you just use the lines and patterns to decide what you do, it seems we really care about the results and ignore the fact we are human and we could make mistakes and we need to protect ourselves. So it is common we are insane in the stock market and most of market players are the losers. No one care about fail-safe and then we google to enjoy and enjoyment needs to pay the cost!