Today's sp close was good. Closed on a high. Good sign.
I would still be cautious we are not opping out tomorrow at 52-53. We need to break this.
No imminent news out unless a resource upgrade comes. I would not be backing on that.
What could change is maket sentiment on small caps IF IF IF Chinese inflation is shown to have improved tomorrow. If it is bad resources will be hit - sdl bakc to 49 maybe. China up nicely today - 3 days straight mildly but today's gains/volume was very good.
If we break 53.5 then boom boom up to 58 - 60 here we go. Over that will take very good sentiment I feel/more news.
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- only 30% equity. that's good
only 30% equity. that's good, page-38
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