Ann: O'Callaghans Mineral Resource - Competen, page-9

re: Ann: O'Callaghans Mineral Resource - ... nice timing there mulabill,

Stunning reversal of downtrend in POG in the last few days and despite the low volume the USA traders picked up the ball and ran with it last night. POG AUD has not been moving as much but the headline is clear for all to see, POG has moved up, over and awy from the $1100 mark.

Whilst the EuroV USD has bearly moved and is at numbers that should see GOLD much lower, POG has got other ideas....not sure of the reasoning but have to trade it if we are going to make money...

Copper and other commodities are also rebounding after wht was a slow correction since mid JAN. I would still recommend locking in any profits quickly as the SP intra day ranges are still quite violent and there is nothing worse being niceley in the black to see it suddenly reverse..

Happy trading, SPI Future up strongly