breakout, page-20

Hi Darmorgs,

Welcome to HC. I was one of the posters this morning with a rather bullish outlook for today. Dont be too disappointed with today's effort. Just take a look at the chart and ask yourself what the general trend is....up??? Even though we finished 3c lower we broke previous resistance and tested new highs. The sell down from 5c to 4.6c occurred in the last hour of trading (20mil of 120mil) and we finished with a VWAP of 4.91c.

I'd say those selling in the last hour were traders (inl. T3s) selling out as momentum slowed followed by the usual panic sellers and stops.

However be prepared for a turbulent ride in this game and certainly don't base your investment decision on HC consensus. In particular, mine!

Good luck with your investing/trading! And remember...there's always tomorrow!

Cheers,

Arkie