hi powpow,thats a very good question i would be factoring a drop...

hi powpow,thats a very good question i would be factoring a drop now to around the .078 mark which could seem extreme however with the market in the jitters now i would probably be safe in calling this move, if by a miracle the market was to turn back up again i would call a drop to probably only .081.i agree now that we could be sitting on a winner aven though i am still in the red (bummer for me)the iron ore negotiations have started today if i recall right, will have to check that again.the xao is now oversold so we should start to see the market heading back up approx wednesday for a short rally.hope this helps im only giving my opinion on what the charts are telling me, if i could post a chart i would cheers merry xmas.