on the move, page-27

Im in total agreeance with johnny, music and brad in regards to ultra and rolfs questions.

It isnt higher cause they havent finished filling their boots yet. These people love it when it goes lower the stock up, they dont care about a month here or there, they have time (lots of it) and get a salary at any rate. The lack of sellers over the last month has created a floor imo.

Definate accumulation and if your patient you will ride the success that the 'thinkers' will enjoy. Just the fact I can see and sense accumulation encourages an even stronger buy sentiment for myself and derisks the proposition further.

If it went up a lot on 4m then it would attract more selling. High vol up bars are not always good. Yesterday was clearly support and demand moreso than selling and distrbution. Whats going on at present is imo attacting investors more intersted in holding longer term which is best for the sp in the long run. Just need to buck the trend and after 12m Im sure it will happen in spectacular fashion given how long its been heading south - wonder if it will be a reapeat of last december? Would be nice with more of a sustained rise with periods of consolidation too thanks! :)

She will cool off and go up and down in spurts but with some luck - after the annoouncement they will let it run BUT dont be surprised to see a little sell down to catch the last of the easy shares of the short term, weak holding punters who are suffering from emotional exhaustion, before she gets on her merry way.

Also as fbx points out, pog in AUD is going to rise nicely soon which will bode exceptionally well for MYG's NPV.

Looks like it will cool off a little

Not worried.

PS My weekly MACD has crossed the signal line and now firmly pointing north - last time it did this was at 20c ish when it turned down. This will attract tech buyers imo.

Cheers