The price may fall off a little but support looks good around 9-10cent level atm.
If we have what everyone is predicting an Obama rally this and next week which looks possible remembering the share market always looks ahead 12months.
Also look below, property index as fallen to lowest for more than 5yrs. Can it go any lower, maybe zero!
You have to buy sometime in these conditions and since the market already was down a year ago and just now the government is saying recession word then we would now be looking at where we will be in the next 12-18months.
Thats how the stockmarket works, like it or hate it.
CER Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
