obj will go north soon, page-54

steini i was once told never too assume because it'll make an ass out of you and me.

'I need this share to reach at least 8c'
why is that so? i was just curious to know why you need the share to hit that target.

'but I am sure that on Monday we will see too many traders sell her down just because of the red 101 DOW.'

i believe you are assuming here, i'm not saying that it won't go down but its just the extent to which the SP falls on Monday which you should be concerned about.

I think you should note that on the 4th of January the ASX was heading north whilst OBJ was heading south. Yet on the the 12th of January we had the opposite going on where the ASX was down and OBJ headed onto higher grounds. So i wouldn't be too concerned mate you could be pleasantly surprised with OBJs strength recently.

We have good support on 3cents so i would expect that to be our testing grounds. All indicators are presently looking nasty so it could go either way.