i think we have had the wash out, page-37

"NINE OUT OF 10 PREVIOUS POSTWAR RECESSIONS BEGAN SHORTLY AFTER A BIG SPIKE IN THE PRICE OF OIL"

It would be prudent to have a good read of this mans views on the future Oil / Energy markets going forward into a recession.

http://www.cato.org/pub_display.php?pub_id=9450

This is the market CNX are targeting and it will be depressed for some time to come regardless of the 100 day trial.

Long Term 1+ year holding at least if buying in.

Yep I'm with Dan - below 20c after further doom and gloom news out of Europe and the US.