monday musings, page-3

Thanks Orwell, would be nice to see that double bottom of yours play out. Also interesting to see how the volume has dropped right off on the monthly - hope that means supply is drying up. The $1.05 level you mention is also significant in that we've had two short term highs there. I'd really like to see it back to $1.125 or higher though as breaking that pattern of lower highs, lower lows would give me confidence that we've at least entered a new trading range with 86.5c being the bottom of the range.

Really hope the news flow is good from here, but I have to say the skill with which the Malaysian government dilly dallies, sits on their hands and drags their feet is nothing short of sublime, so I'll be pretty surprised if we actually get the TOL anytime soon, which seems like a pre-requisite for any other positive announcements.