Good morning All,
Did we all sleep last night? Anyone manage to find out what exactly was presented at the Conference by our chief geo? Maybe that'll give us a clue to what's gonna happen today. CN had more important things to do o'seas so was not doing the presentation; O'seas?? Maybe like Kenya or London CNE HQ?
It would have put FAR on the oil map of the world to be able to say "we discovered" at the conference and it won't have matter even though we were not in TH because it would be after trading hours and a TH could still be organised by this morning.
As for a P and D last two days, unlikely looking at the vol. You need to risk a lot of money to make just that bit. I think the buyer is in it for the action and probably was in the know to risk such money. If it is P and D, the SP would have pulled back a lot more than it did yesterday. Same situation with the D/T.
If you think that there are probably 50 100 people working at the CE, how many tweets are available?? (Come to think of it, our tweet's been quiet). So inside info is not out of the question, especially if you have that sort of money. If the SP is stabilised 2 day, that'll virtually confirm that's it's no P and D.
TH can still happen this morning in view of the fact that another speeding ticket could be forthcoming for Tuesday and another one for Wednesday.
Come on FAR, get it over and be done with !
KKW
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