So Warnie. what a good week. Made some dollars, not as much as I could have...
There's only 3 days of trading next week and then bang we hit 2008. Hard to know what might happen with CNP.
Seems to be a couple of "it's all over", move on opinions here today after the SP closed down for the first time in 3 or 4 days. Fair enough I guess. The momentum can't go on like this indefinitely. Some consolidation is needed. A breather if you like.
But what's next? I hold at 1.27. The big question for me is do I sell out soon and break even; with fear that it will drop sub $1 soon. Or hang on and believe that $2 is not an impossibility, and watch others scramble to get back on board.
Thing is we are probably moving into a period where a big rise or a big drop may not follow each other straight away; thus you could get caught. Caught with a big paper loss. Or miss out on a big profit.
Long term. Short term. Day trade.I don't know.
Just my thoughts.
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
