Yes they might be oversold but when do you step up and buy?, atm its like stepping out into speeding traffic or catching a knife, mun was unwanted for much of yesterday at 29 cents, nav the same at 23.5 the other day, fml has a seller at 2.5 today, and if our market declines back to 4300 on xao what we find cheap today will be way cheaper then if we get back to there, what i am seeing accross the board is no buyers, very scary to see if your holding and in a losing position, now imagine a few big falls back to 4300?, be very cautious people, this sector has sucked a lot of wealth out of the pockets ( mine for one).
