The one thing in CNP's favour as with a lot of other stocks is it has already been very over sold. What I mean by that is we are very cheap already as though the US had already fallen the 400 points and then some.
I am not optimistic as I can see a sell off across the boards but still it is not like we are $10.00 with bad news on the way. And don't forget in this market good news i.e. asset sales could also see us run.
I always remember the old saying stocks run hardest on down days or in bad markets due to the volatility. Having said that though, we would need very good news and while it news is coming when is the BIG question.
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