Yep no support at all, I think RES is taking a bigger hit than the general market and it is quite demoralising seeing a sheet load of your portfolio go up in a puff of smoke.
I don't think the downturn in the market has really taken effect as yet and I wouldn't be surprised to see plenty more 100+ losses on the DOW in the near future with more debt problems in Europe and the US.
I think we could well see the 60's again if this occurs but if you have the coin it will be a great time to top up. In saying that, how may times do we have to top up before we can make some decent mullah?
RES Price at posting:
78.5¢ Sentiment: LT Buy Disclosure: Held