The markets seem to be spooked by rising 10-year bond rates in US, and went down by 5%. This gave me the opening I was looking for to add some more shares. I bought 10 shares of Konya Cement at a price of 89 YTL. The company has a 2005 trailing P/E ratio of 9.5 and this is a blessing in a "declining interest rate and increasing construction spending" environment. I don't know what will happen in the following few days, but I am ready to buy some more if there is another 5% decline. Forex
I bought KONYA
The markets seem to be spooked by rising 10-year bond rates in US, and went down by 5%. This gave me the opening I was looking for to add some more shares. I bought 10 shares of Konya Cement at a price of 89 YTL. The company has a 2005 trailing P/E ratio of 9.5 and this is a blessing in a "declining interest rate and increasing construction spending" environment. I don't know what will happen in the following few days, but I am ready to buy some more if there is another 5% decline. Forex
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