Brian
What do you think the stock market will do in the situation you posted ?I have the impression you're not quite optimistic .I just read something in our Time magazine about the stock markets.He thinks the long time holding strategy is not the way to invest.The main impression is a market which will go sideways with some 10 to 20 up but also back down for many years.
Reason is the banks have probably learned something and are very cautious with credits .
The level of earnings we have had past years will be hard to achieve again for companies so it will be a must to do good DD on the stocks to buy.
I agree with bbq that oil could remain in the level we are in now because I don't see us turning into a situation we had when the crisis started .
So with our stakes in CLL are we doing well to hold on?If we have sideways moving markets I think we can earn something but a double dip I wouldn't like.If we can hold on in the trading strategy between 1.3 to 2 if we get rewarded as production starts we could make money.I think we need a little as at current time.Production will start end August I suppose .But if negativism takes the lead and bourses seek lower levels it will be hard to cross the 50 % level to bring us back towards the previous 1.9 top .Then we have broken the downtrend and can go for a sideways move.1.50 so far is the point we must brake.