looking at shorts, page-56

I'm tipping this will bounce a few times like a spring that's been released. Many institutions will have used this opportunity to load up more at the discounted price. However, many will use the inevitable bounce to offload. Very rarely do we see straight 'V' type falls and recoveries - so I would expect the wild swings to reduce over the next week or so before we know where we stand. Anyone who's loaded up should be trigger happy for any weakness.

Don't be surprised to see further and deeper falls over the next few weeks. But unlike penny dreadfuls that have no backbone, CSL is fundamentally one of the darlings of the world. Holding a sick CSL is a lot easier simply because of its value, growth potential and demand regardless of economic conditions. When it's weak, it usually doesn't stay down for long. But, then again there's no guarantees in this market


Good luck all.