consolidated contract wins, page-10

I think 42c is a little too high for a stop. In the last 5 months it has hit 42c 12 times. 9 of those 12 times marked the low. The other 3 times it hit 41.5c, but still closed above 42c.

Apart from the last two days, indicators have signalled steady accummulation since late November. There has not been an avalanche of sellers, but rather an absence of buyers causing the downward grind of the last 2 days. 10 day stochastic has turned up also (not crossed over however).

I was tempted to sell at 42c. That's what I did last two times, but of course regretted it. I'm not going to be as hasty this time, particularly as this is paying a dividend. Sure the next couple of days will be nervous.