Bless their cotton cocks, the DOW down again and panic sets in. Yes we may well see a blood red Monday, this panic may well continue into Tuesday and onward, and yes many Aussie stock will end up taking the south bound highway.
Opportunities come and go, that’s life, the down trending up and down is also one of the unavoidable traits of the stock market, as far as we should be concerned with, the DOW dropping more than 2.50% presents for CTP holders one of those opportunity to top up. The yanks arguably are now out of the worst recession since the great depression, people and organisations were shaken up and hurt with what had transpired over the last 18 months, a lot of money had been lost. The euphoria over a stronger economy and the fear of more loss still plays on the mind of people, but mark my words, the sooner or later we will not be seeing the DOW in such dramatically drops, a slow but steady pace will prevail, take the most of what life offers, top up and stop grizzling.
Rebound is/has come, commodities including the identification of new oil and gas reserves are now more in demand than at any time in the last 12 months, all of this presents well for CTP and those who analysis the opportunities that CTP next week will presents shall benefit in the mid to long time prospects. I for one will be topping up, for I firmly believe that CTP management forecast that demand for new reserves, I also believe that company growth and opportunistic mergers and acquisitions will prove to be a good investment for those CTP holders leading into and exciting 2010.
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Bless their cotton cocks, the DOW down again and panic sets in....
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