full steam ahead, page-2

re: full steam ahead .. technicals I think Greg has summed it up pretty well !! Especially the bit about the rum !

It might not look it on the surface but there was alot to like about todays trading . We didn't get the slightly higher prices I would have liked to around 34c before the swing pattern , but never the less , a low swing high pattern is now brewing . Today indicates that sellers may well be starting to get exhausted (??). The swing pattern will only confirm on a break PAST 32.5c and if done, I'd anticipate some very quick follow through to 38c initially - esp. if achieved with volume. The higher targets can be reassessed once we get to 38c again. This break is important for the bullish wave count to remain intact - even better if done on no news ! Cheers ECN