all my orders off the market...

Happy to watch now...

Or maybe buy some more if they knock it down?

Could have seen something significant develop here...???

Apart from the fact the "manipulators" appear to have lost control (lol...they will attempt to regain it)...there is also a chance they may well have had their fill...in which case, they may have exited the market for a while?

If...and I say IF...Xstrata, or even somone else is behind the manipulative buying and their cumulative holdings have passed the 2.6m share mark, they would have become substantial shareholders and as such, would need to show their hands.

Not wanting to breach this figure, they may well have stopped their accumulation prior to reaching this figure?

Maybe...maybe not?

I guess if such a player were in the market, they may have many "friendlies" also accumulating stock effectively on their behalf?

Anyway...a definate shift today...will be watching to see if the "manipulators" manage to regain control in the afternoon session?

By the way, I would like to claim the honours for turning the tide on this today, that is away from the "manipulators" and in favour of us little guys!

As I suggested earlier, I took them on around the $2.50 level...initially to test their resolve and accumulation parameters, but also to collect a few more shares thanks to their antics.

To my surprise, they back-tracked big-time...which suggested to me they were begining to have trouble net buying...and as such, were being extra careful with their "capping" tactics.

This lead me to take out one of their cappers (50K at $2.55) which probably thought he was safe sitting 3 or four points or so above the action, especialy in light of theire bid pulling manouvres to generate a sell-down.

I would love to have seen the look on his face when I cleaned out his order.

Anyway, this became the turning point for today's session...and pretty much from this point forward, they have been chasing stock...and having a little difficulty in the process by the looks of it.

It appears their net position is not that exciting today!

You can check for yourself...it was at 11:45 on the intra-minute chart...I took out his order at $2.55 and he instantly placed a small sell at $2.53 to halt any run from developing.

As we now know, it was to no avail.

Over the next 5-10 minutes, he scrambled to get back the stock, pushing it up a few points before calming the stock down whith a few more "caps" (lol...a bit further away this time)...anyway, the trend was broken from here and he has chased the stock ever since.

Game, set and match fellas...thank-you linesmen, thank-you ball-boys (and girls)!

lol...economic nancymen!

Cheers!