Ann: Ceasing to be a substantial holder , page-22

Hi westcott, it's not only UBS m8, DB have also been doing the same as you well know. I doubt you will see them working against each other so expect another announcement soon from DB. It wont be long before you see another from UBS also where they have increased their holding again.

Bouhr, my take on it is that the likes of UBS and DB are creating the technicals and forcing the smaller holders to react accordingly. (Opinion only) I do suspect this recent low was a blow-off bottom "BUT" is yet to be confirmed as there is no uptrend started yet.


Burj- Hahaha "you remind me of the kids" are we there yet? are we there yet? are we there yet?

Bottom line is the uptrend has not been confirmed, when you see the trend going up we are there m8, not before.

If the uptrend resumes from this point, I would envisage minor resistance at .32, .35, .38 & .41. "For my part they would be areas for further top up if one was so inclined".