new highs, page-21

re: jeruk oil discovery I certainly think the sell side has been prgressively mopped up over the past few weeks. Hence the sell side has been skinny the past few days and hence the price rise.

However, they appear to be mainly retail investors getting involved and this could increase the volatility in the price. Also, as Graham is pointing out, these types of investors do not tend to be the most patient of folk and will sell at first sign of a turnaround in price.

This week will be interesting. One thing I find puzzling is that the price has gone up by itself, ie without any ground breaking news to drive it. We could sitting on a 'buy the rumour, sell the fact' job here. The question is, what is the 'fact' going to be - only time will tell.