thoughts and opinions , page-31

dumbird,

the retracement is a factor of market pshycology,

it ran as coal is hot, and may have intially ran due to this RP interest.

All things take time, and the market tends to be impatient.

That is my point. It will retrace under an impatient market selling until it can provide news of progress, and also in sinc with the precentage of buyers who entered for long postions.

ie, it will find a support level, once the top has been blown off, those looking for short term runs have exited.

It has not as yet, provided sufficient drills to fuel a run such as seen with poz or mak as they both have resources. Its early run, was based on sector entry, and now needs to do the hard yards.

cheers