12 month extension rumour, page-62

guys, i'll say this again. a 6 month extension (more likely), or a 12 month extension won't do much for the sp. perhaps we'll get a small rally which will quickly dissolve.

and i hate to think what will happen to the sp between now and september 30 with no news. the sp could possibly drift back down to 23 again with people getting bored. also, i expect another terrible full year result with cnp posting further writedowns and losses on forex and debt hedging instruments.

unless cnp posts something substantive this will be another mediocre week. afg offers much more potential imo.