Let's say US mkts drop 2-3% later tonight. Undoubtedly the ASX will fall... albeit not as much... and UGl will be affected. however, if outlook is solid i will seriously consider buying more while still cum-dividend.
overall, i am 67% short on my current portfolio. Have sold stocks consistently over past 3 weeks as suspect this rally needs a correction. however, i will still buy stks i consider to be under-valued.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
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