CVN 0.00% 16.5¢ carnarvon energy limited

9876 you pick it well. up or down tomorrow, page-177

  1. 1,620 Posts.
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    I tend to agree with 9876. Simply being positive or negative does not equate to trying to push or ramp the stock one or other way.

    Today the DOW and oil were down significantly, and POE down 8.19%. Logically, CVN will likely also head down, in the 5 - 10% range, although sometimes these theories just dont work out that way. Just possibly it might hold, doubt it will increase.

    It was the final hour in which the DOW dropped 500 points overnight, so it is perhaps a bit early to be sure.

    I am a holder, and have been for some time, so it does not please me to think a drop will occur.

    As I write, BHP is down over 10% to the $24's.
 
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