CVN 0.00% 16.5¢ carnarvon energy limited

9876 you pick it well. up or down tomorrow, page-38

  1. 3,891 Posts.
    Woody.
    No one really knows where we are headed at the moment. But having listened to cnbc and some of the commentaries, most still appear to have the opinion, that despite the bailout, we have a few more headline companies about to go to the wall. Many technical indicators also apparently see the dow hitting 9800. The djia thread has highlighted the historical reasons behind this.
    For me,i would be happy if the bailout works and we can go on our merry way, but the pesimism around can become self forfilling and i do feel that before we go forward we need a last blow out to the downside of the general markets. Hope im wrong though.
    Lets face it, why is cvn languishing at 34c..its a joke, but we all know it has zip to do with the company, which has far exceeded even its own forcasts.
    When we have some insto,s buying, then we may be ready to head on up, without the constant sell downs.
    Life was a whole lot easier before the yanks came to spoil the party.
 
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