unbelievable price increase, page-8

I would suggest it our "friends" JP Morgan UK, still selling. They probably need the money to make this months executive salaries. LOL !!!

Also buyers are thin in the market, as fear is everywhere. Media is painting end of civilisation as we know it scenario as the write offs continue with financials. NAB chose today to put most of thier write-downs on CDO's into public domain, freaking out all banks. flow on is everywhere.

Now as for CVN, we have slow uptake and it will be slow, of any selling and we have held reasonable well. But over the next weeks and months we will be back to the highs, while financial and industrial stocks will trend sideways.

A good indicator, is the clamour of doom in the media, the louder it gets, the closer we are to bottom of the fear cycle. IMO

CVN is producing income, and increasing income as we go. This will sink in once all the headless chooks have run out of blood.

Old saying "keep your head while all around you are losing thiers"

cheers

Steve