where have the buyers gone???, page-17

At present equity markets are undergoing a correction in a bull run. This is due to the concerns in Greece and a couple of other European countries (Spain, which denies any need for concern for it to finanse debt, and Portugal which has just been down graded to AA).
None of this should really impact our little old NDO but as our "favourite" U.S. Fund continues to sell we will have to sit out a drop in sp until true value can be achieved.
The U.S. is not overly concerned about the Greece situation on the whole as they see this as a well overdue correction and a chance to get some short term profit after the sell-off. Money is moving out of the equity markets and into the U.S. currency for now but that is likely to change in the next week or 2.
Oil has been hit due to the Greece factor and increased inventories but at $79/bbl that is no need for concern for NDO. Lets face it anything over $50/bbl is still decent as long as we are hitting 10,000/day at Tindalo, and even if this was to occur the price wouldnt stay there for long.
Now is a time to buy more if you have the cash or sit it out. No need to worry about oil price retracing much further I wouldnt imagine and the Yanks will be sold out sooner rather than later now.