Cable & Wireless Traders Thread Long or Short!

General market trends. I see the market index retreating in the new year. Currently today the DJ is down some 90 points. CW. will give a progress report in February which I am anticipating to be bullish. So I am hoping to buy into CW. around 20 Jan to 30 Jan, depending upon general market conditions at the time.

Currently I am 52% in cash and I am generally looking for bargains. If I bought in at say 115p it would be in the belief that the price would reach 132p within 1 month thereafter.