Club Mulgoa

Monday, March 14, 2011

Market sentiment

When it is very negative, it is impossible to instill logic. Gold is still high, oil hasn't fallen much... yet oil/gas and gold stocks have gone in a severe reverse. China is not reversing its nuclear energy policy but uranium stocks are in free fall.

Last week, I sold CPU and so have so spare cash which were meant for SPP, entitlements and floats. As usual, the best time to buy is when market is marked down severely.

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