One interesting thing I noticed is the 9.6% of BLY volume traded yesterday was sold short (http://www.asx.com.au/data/shortsell.txt). Perhaps some people were betting on a weak night in the US and taking advantage of BLYs strong performance yesterday - now the SP is heading up so they are forced to buy back.
Good day for BLY holders though!
I have gone long CSR at $1.63 - has been oversold IMO, target = $1.645/$1.65 by close - but DYOR as always!
