nervous nellies, page-7

Why would you shake it from the 9c level?? Remember this, the smart money BUY on high volume downbars and SELL on high volume upbars and don't think that that floor is solid for a second. It looked solid when it went flying through it last time on the 4th November too. Take a look at MEO, now there's a shakeout and everyone was very confident it was going to 60c plus and whammo. That's how its done, there was no news either, just nervousness and a stampede for the door.

Broker reports etc mean nothing in the short term, it's all about who controls the stock and how much floating supply they want to get their hands on. The better the future prospects for the stock based on the fundamentals the more floating supply they are going to want.

Look on that long term as a good thing

Cheers