what's wrong?, page-46

ASX futures down 118 pts, 2.55%.

I won't go scare mongering. However, as many know opportunities await us. Initially i did expect the correction to happen before January 2010, however, looks like it is happening earlier, and on a reverse note, perhaps a December rally would be possible on a technical rebound. Charts indicate that a fibonacci 50% retracement target would be 4300, while a strong correction would test 4000.

NKP in the past have shown strong resistence at 25.5-28.5c. One would hope for these levels to hold. Hence, i have placed orders at these levels. I am in no hurry to accumulate more NKP, for like everyone else, we have elses on various stocks waiting for the jumping in. However... the million dollar question is when? If i knew. I think i would be the next billionare.

I am waiting, regretably only 25% lighter at cost on my holdings over the past weeks. So i am pretty deep in during these volatile times. Might have to open up my warchest soon... Well, i hope i can, because my girlfriend doesn't like my lovely risky share investments you see... so yeah... she can be scary...

For investors and traders alike, i suggest you have a read at various post on the XJO thread. Some are very informative!

Whatever happens, money is money, and it is not the end of the world without it. Family, friends, and love is the most important of them all. For wealth is temporal and will fade away and be forgotten. But our kind deeds, love, and memories will last a lifetime, and be carried forward in the lives of people we have touched.

Make sure you have a nice drink coming friday alrighty. Will be a hard week concentrating at work, and seeing unhappy managers... lol.

Cheers!

LM


PS: NKP NKP NKP! Long term. Nothing changes. Is just a matter of what price we get in now. And holding it out until then.