"What do you think tomorrow will bring,when I went to bed on friday night I was well pleased to see the Dow up about 100 points and I slept soundly being long a number of contracts. However my confidence was shattered when I woke yesterday to see it down about 80. Such is life."
Penny, IMO it is very hard to predict what this market can do from one minute to the next. Anyone that tell you they can, IMO they are kidding themselves. Europe is the one that is holding everything down, China is trying to reduce it's inflation rate, and, most importnatly, the media is propagating more bad news and doom and gloom, that it is necessary. Although I can't figure out as to why what is happening in Europe is effecting us here in Australia, especially when our Economy is based predominantly in exports to Asia, the facts are that it does.
"Hope all is well, give your little mate a pat for me."
I just did. I went outside (freezing cold by the way), and I told her it was from Penny. She looked a bit funny though, like saying who the hell is P.....With a little patience and good teaching, I am pretty confident that she will make a good dog. She has all the feature for it, and she is as keen as mustard.
As for the constant battles with poor old ZZZ as you call it, IMO the reason is that the sp is doing nothing, if not getting worse. It has also become illiquid causing some concerns for the few that want to sell some of their shares for whatever reason, and posters here have nothing better to do and say but attacking others. Especially when ZZZ is getting very close to the figures that he predicted CDU would be.
Good luck my friend.
CDU Price at posting:
$3.25 Sentiment: None Disclosure: Held
