below expectations, page-14

Hi Petunia,

Watched IPL yesterday and the only way it shook off a couple of bots was an individual order of 300,000 at 3.88. The bots never quite recovered and IPL closed up.

Watched BLY yesterday and today. Nearly fell off my chair when they let it rip up to 4.30c but they did get on baord and sp went down to 26c at auction. Watched today wondering whether the same would happen but they took the sp up to 30c after open and it slowly dwindled away to the close at 4.19. However I did learn one thing. If there are no significant bites as they pull the sp down for perhaps an hour at a time, they systematically in 2 lots of 25 will spend significant sums doing so. 50 trades of over 1000 each must eat into their biscuit tin. They could have taken the sp down a lot further at close but they do seem a bit shy at 4.20ish. Significant support still held in my opinion but who knows what tomorrow will bring - we may not get a green DOW tonight.

Good luck all -