If you are a day trader, you may have some cause to panic Monday.
If you are like me, bought cvi to hold until it gets to $4, then sit back, have a drink, take a large breath of fresh air and laugh at these day traders all scrambling to cover their collectrive ass.
My fellow cvi holders.
This could represent another good buying op if the s/p retraces to .24.
My take on Monday is that the s/p will retrace on open, then recover during the day to finish .26.
I stand by my prediction of .55 by Xmas and I say December will be the best ever performence for the Dow and the All Ords.
THE PROPHECIES OF NOSTRA-CUGS
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held