had enough, page-6

LOOK FOR A BOUNCE THURSDAY !!!!!!!


Ok here goes most of you are thinking what is he on about.

Well lets look at todays action, first off the news that we have been waiting for is mostly out.
Todays action really isn't any different to any other company, how many times do you see selloffs on good news it happens all the time.
Smart money gets set well before to sell into the news.
With only 2.6% drop with news out thats not to bad.
Yes i know its been sold down for awhile now.But its didn't drop +5 % on heavy volume its held well under the volume. IMO.
But here is the upside all the short term traders are out of the game we hope.
Now all the investors looking to take a long position know the can get set with out the sell off on news.
Also the market needs to digest the upgrade which is a good result in my book.(40%)

One other thing if we look at the level 55c it was a break out back on the 25/11 since then it had not been down to this level unit yesterday.
We hit today again and it closed above it.

So this is a major support with BS selling over and short terms out i think we can expect a rally from here.

If it breaks 55 Thursday i get a bit of egg on face.

Lets hope i don't !!!!


Any thoughts guys let it rip...