Thread: Please, please don't lets start the OT stuff on this thread, some of us are not Americans! Let us agree that there are some people who think that the general market and even CA is depressed because of allegations which a Special Prosecutor may or may not make, and let us agree that there are some who don't think so and there are yet others who might think so or who might not, but may, if certain things do or do not happen, and then again, may not, if quite different things happen, or do not happen, and so on and so on. Having made that assumption we need not mention it again need we? Please!
Getting back to CA, it caught the attention of Market Wrap on CNBC today. They compared it with Oracle's similar loss. Unfortunately, they also compared the percentage loss with Cendant's!
I am becoming convinced that nobody knows of any worse news and that this is a classic case of the blind leading the blind. To me it is now a matter of picking an entry point.
Victor |