Hi Rem (and Mrs Rem),
Hopefully the good news wasn't the Commonwealth Games as the market basically ignored it on Thursday, even did a small retrace. It would be a good week if they are holding back an offer for the Irish banks lol.
I don't think (just my opinion of course) that the NAB board will let the SP drift back too far without any news whatsoever, as previously stated their intention is to get the SP heading North, so Monday will be an interesting day.
Re: averaging down, I know, I know, I know, the golden rule and all that, and hopefully wont pay the price. I just weighed up the recent upward trend, the time left on the options, lack of poor announcements and went against my better judgement, so we will see how it all comes out in the wash. Just wish Monday was here already ... lol...
Have a great weekend and let me know if Mrs Rem hears any more good news..
YO
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