Club Mulgoa

Monday, March 21, 2011

Recent top ups and buys

When the market was tumbling, I picked up some shares that I didn't have any hope of getting at the price I bid for. Most are up a little today after going down further, but GMM is up a lot. EDE and MNB are down but these are stocks that I am buying for long term prospect.

If the nuclear reactor continues to threaten Tokyo than the market is going to be volatile. But if it can be controlled, then stock markets will start to jump again. Libya is going to have only a temporary effect even on oil. I have no idea which way the markets will go. Most stocks that I have bought in the past, have done exceptionally well when the crisis turns for the better. And so I hope!

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