Yeah I watch the market most frequently during the day if I am at my desk.. I am not too concerned about this correction, although it is significant in terms of the run of late. I wiped 75% of my 35% gain that I had in the last 10 days. There is an overall battering of shares, but I think as it is attributed to subprime lending in the states and exposure over here. So the resources stocks which actually have real materials as opposed to leveraged debt should be solid. I am holding my lot regardless as I intended at buying time. So can't complain until after 12 months. I imagine mid size investing houses and hedge fund managers would be selling off these speccies to help cover exposures with cash.. What do you think?
MUN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
