NFI is where i'm at too. But for what its worth this is what i think you'll see in the next couple of days. Further weakness accross the market incl. SDL, (I hope I'm wrong, i hold the stock and out of coin to buy more on weakness). BUT - Friday trading in the US will be on a knife's edge i believe because the employment figures are due out. So what!!. Well, when they announced a negative job growth figure for September this year the US market went down over 300 in one day. The reason they say it happened was because when the US posts a negative job growth for the month, history has it that 30% of the time they go into recession. Further, history also has it, that if its negative two months in a row the US has 100% of the time gone into recession according to history. (Fund managers live on history) I hold SDL and will do for the long haul; i'm not selling. The likes of development in China, India, Dubai etc are nothing that has ever been seen before and i don't think we will ever see it again. Demand for Iron will be massive over the next 5 years. I really hope the Job growth is positive though, the market will definitely like it. (Personally, i think we are in for a hit). Kinda like a Snakes and Ladders game with a big Snake comming up. Nuf Said, lets see what happens
SDL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
