CER 0.00% 32.0¢ centro retail group

have caution today.

  1. 18,488 Posts.
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    As I said earlier today have caution today. I detect a degree of downramping on these threads. The general market will probably be down a little on the results of other markets but there is a good reason why we may not follow. Our market has new super funds avail for investment each week due to the compulsory super deductions. The stimulus package is still filtering through and a lot of people are saving it not spending it. What better way to save it than invest it. Some stocks will be up,some will be down today and there will be bargains and some not bargains.Fundamentals still say that CER is still a good buy at much higher prices.
    In my opinion CER is as good an investment as most others or I wouldn't be here. I always compare CER and CNP. Today it looks as though CNP will be stable. The traders and rampers are not on CNP threads. So have caution today and watch carefully.
    Personally I have no reason to ramp either way. If there is swing there I'll trade the swing,if not then I'll trade the swing in another of the few I watch.My sentiment remains at long term buy and that is what I am doing.
 
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