-
Share
01/10/11
08:15
Share
Monday will be ugly. Dow down more than 2 per cent overnight, but we knew it was coming.
I posted on Thursday this might happen. I think I said the world is going to hell in a handbasked and there's a fear the market could plunge.
My feeling was that not many investors would be prepared to hang onto stocks over the weekend in such a fragile market.
But everyone was aware of that so no crystal ball there, but I reckon we haven't seen anything yet - this could be just the start.
I'm hoping we get an update on negotiatons from sdl othewise we will follow the market down.
Good luck on Monday it may be a good buying opportunity, but keep some powder dry, if may get even cheaper by the end of the week.
Sorry to be negative, but this turmoil is far from over.
-