Tuesday, May 11, 2010
Investment options in SA’s markets
SHOOT: I believe we'll see good returns in resources, but there's a caveat. Overall, all markets are turning down, and winding down. However, demand for energy will always lead demand destructive forces causing economic contraction - that's macroeconomic. So if you speculate intuitively you can expect energy stocks to climb temporarily before they fall [further than they climbed] before climbing again - as I say, on a general downward trend. But energy from here on out leads the market.