Sydney/Melbourne Conference revisited, page-6

Superficial review of the January Presentation:
- From a technical trading perspective Jan was during a downtrend ... this one is during an uptrend.
- January had a defensive aspect to it.... POO/Pune response being emphasised.
- January and prior were emphasised really still on HSPs... We are no longer a one trick pony. 3 Propps (one defensive due to POO ..... but two others LSP and ULWP that have testing and prospective client discussions ongoing) and the battery tech patents.
- Sieg presented just as badly in both... I wish he'd hire a presenter!

I believe our SP is affceted by trading, at 20% per pip, traders who don't care about fundamentals/Anns. They are gonna be in every time there is positive technicals, and out every time the S.P. stalls regardless of news. Add EOFY to a stalled S.P. and a few technical signals, and that is a spur for most day-traders.

I play poker regularly with a handful of European day-traders who are brilliant minds (design own programs for finding opportunities, trade stocks, futures, indices, bonds, options - whatever their spreadsheets throw up)- they don't know or care about the fundamentals of a company, they'll hop out on a tax gain and not care whether they can get back in again.