Right on Cambus… there is a reason that the sector has been pummelled and you don’t have to go further than this blog to see it. The market has reduced its tolerance to insecurity and failure mainly because of all the market scandals and financial book cookery… you can thank the what lead to the financial crisis for that. OH… there is so much money to make when the market is crashing… another story.
Its sectors like this that got hit the hardest. However, that can change as the market is ever changing. However you can’t say that all companies have suffered in the gold patch. Could this be MTO’s chart in time? I know some have already been waiting too long. We’ll see.
Now this is a chart of productive management... although this too can change.