CVN 0.00% 20.5¢ carnarvon energy limited

9876 you pick it well. up or down tomorrow, page-135

  1. 354 Posts.
    Jesi, with that mentality you will go broke in a hurry. The way the ASX reacts to the US markets, it's a joke.

    On the law of averages, the US was exorbident in it's lending of credit for YEARS. 7 down days on Wall St doesn't make that all go away.

    Shorting is back in town - the near term future aint bright at all.


    Japan -10%
    DAX -3%
    FTSE -1.2%
    ASX -8.3%

    And the DOW futures, just now -327 points.


    On what, god given reason would you buy today? Risk is ok, but in this market, on a Friday!!! holy cow! That's some juice..

    Be rational. We aint at the bottom yet imo.
 
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