Well at least one part of your wishlist hasn't come to fruition...

Well at least one part of your wishlist hasn't come to fruition (unfortunately).

The US market we are most likely to follow, the Nasdaq (assuming a tech acquisition), is currently getting pummeled in US - down almost 2% in current trading:


Long term picture not looking much better either:


I'm tempted to hope for a delay via a suspension as well, but not sure things will get much better in the near term. Index is looking like it will test that long term trend line at 3600-ish, at the very least.

If it behaves like the Dow did last week, a slice below that long term trend is highly likely...

Here's to hoping otherwise - I've been holding this "dog" for some time and hoping that it's not a loud "barker".

The other thing is, periods of market panic can sometimes be really good, short term at least, for the few rising stars in a falling market - there is plenty of cash sitting on the sidelines looking for a home. DUO could well be that star over the next few weeks if the announcement lives up to expectations.

PW has a great history of picking quality shells, and I get the feeling he really wants to do well for DUO holders who have been a little let down with how the whole situation has played out.

Just beware of "selling the news", a common phenomenon in these times. Relevant to those with a short term mindset only - LTers need not worry about short term market fluctuations.