GREY:ENGFF - Post by User
Comment by
travelnutteron Mar 18, 2008 9:26am
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Post# 14739533
RE: HAVE FAITH
RE: HAVE FAITHI agree with you but those of us with faith in ENG must remain calm. We are currently in tough times with the market situation. Hedge funds and banks are unloading their commodity plays to gain liquidity to handle cash runs from panicked customers just like the Bear situation. Commodity prices are under a lot of pressure and that will impact on the ENG sp jump. The Congo news will help and it seems everyone knows DV is on the move so we should see some positive action today. As well there should be a plus day for most stocks with the anticipated Fed interest cut but we must beware that today is not just a dead cat bounce. I am confident that ENG has a terrific future but I recognize that the growth will be slower than most of us wish at this time of market turmoil, IMHO. Hang in everyone and if sp drops temporarily under 3.00 you should be hitting the buy button.