ballistic in uk 32.25 pence 85c aud , page-11

re: ballistic in uk . 3175 pence = .8325c aud 1 Hi Keith
You have been watching these for years so what is you feeling do you think they will drop back again just a quick as they have in the past. My feeling is if they don't announce another contract and soon then they will fall and fast.
Ray

I'll jump in here and place my 2c
* July -> Sept last year saw good increases associated with good volume. Any move with volume normally will hold for a while.
* In Nov there was a bit of a sucker rally which didn't last .. which became apparent quite quickly.
* Since the beginning of June we have a significant increase in volume. This is again what drives a move in share price. Remember its fundamentally psychology and herd behaviour ... and those volumes represent people buying ... hence support levels.
* The price will have to pull back ... as prices never go on up for ever ... and the further they move from their moving average, the more abruptly they will pull back. So its not whether the price pulls back, but whether a new trend came stay in place.

Personally, I dont see the point in trying to figure it out ... as quite honetly unless you have some specific friend in the spiritual realm ... no one knows.... so just ride it as long as it carries on