cvn sp, page-11

Wishlist,

I am not saying that it will take 1 to 2 years, but rather with a 1 to 2 year perspective it should be very good.

I suspect that within 6 months it will look a lot better to many and the sp is likely to reflect that, however that is a view I took over 6 months ago. I am simply not often prepared to hold short term views like 6 months with strong conviction (unless we are in the middle of a momentum driven meltdown or something).

So much spurious and unexpected stuff happens in short periods like 6 months, and now we have the political situation in Thailand potentially weakening the sp. What if the rig collapses in a heap? very unlikely yes, but whereas these things mean little looking 2 years out, they can mean a lot short term.

We might even get an ath sp within 6 months, but I am not going to count on it, or post on it being likely.

EL