"NINE OUT OF 10 PREVIOUS POSTWAR RECESSIONS BEGAN SHORTLY AFTER A BIG SPIKE IN THE PRICE OF OIL"
It would be prudent to have a good read of this mans views on the future Oil / Energy markets going forward into a recession.
http://www.cato.org/pub_display.php?pub_id=9450
This is the market CNX are targeting and it will be depressed for some time to come regardless of the 100 day trial.
Long Term 1+ year holding at least if buying in.
Yep I'm with Dan - below 20c after further doom and gloom news out of Europe and the US.
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- i think we have had the wash out
"NINE OUT OF 10 PREVIOUS POSTWAR RECESSIONS BEGAN SHORTLY AFTER...
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