BNB babcock & brown limited

cnbc, page-7

  1. 122 Posts.
    I would be very surprised if bnb didn't open a little higher today. Gonna be a few optimist thinking that the Dow is on its way to recovery, and that the us economy will be normal again.

    I also wouldn't be surprised if we see the stock receding again after that, but maybe finishing above yesterdays close.

    However, I believe the crucial litmus test will be on Tuesday night and the smart bet would be to wait until then.

    Its absolutely amazing how some people (not all) can just change sentiment overnight and yet its so typical. Just check out the ASX thread. No doubt seasoned traders will take advantage of their new found optimism to unload them of their hard earned money.

    One of my lasting impressions about cashed up newbies is that their dying to enter the market. If I don't get in now, I'll never make those millions.
 
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