little downside

MEO looks like showing continued strength today, & the opening match could be a very good entry price, especially if the sellers at 60 cents are taken out on the open. If MEO breaks through the 60 cent barrier it should run a bit further today. Given there will be plenty of interest till the 14/8/2009 we should continue to see plenty of interest in MEO. Apart from a massive downturn in the overall market, MEO looks an easy play over the next 8 days.
Regards
Buffett