I like to refer to charts. they reflect what the fundamentals are. Problem is no one in this market knows what the fundamentals really are. Last week i bought a little top up of CVI as Standard and Poors put out a statement that all the bulk writedowns were just about over. I thought we were at the bottom nearly.
I hardly bought and the BS thing unfolded.
If S&P have NFI what hope have we got.
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- good announcement
good announcement, page-8
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