Watched SSN nearly all day but was out for 30 minutes when it...

Watched SSN nearly all day but was out for 30 minutes when it decided to show movement.

Low volume and so need to watch out for the possible double top at 3.7 if no update in the next couple of days.

Always concerns me a little when the 'line wipers' come on board because they have a habbit of wanting their money back quickly just a tick or two higher.

Slow and steady will be good for the sp to sustain this momentum. The slow stochastic is starting to reach into the overbought zone so just a bit of caution.

There seems to be a good support level at 3.1 and 3.2 and VWAP for the day was 3.32

Just to be the devils advocate and trying to keep things real, try to bare in mind the possibility of a Ripsaw spud closer to the 25th March. That's the end of NEXT week. And spud simply means the START of the drilling. Also factor in the possibility of the fracture stimulation of Gene towards the end of the month. That could be another two weeks away.

I'm not trying to be a wet blanket, but try to factor in these timeframes with the sp movements. The next updates will be crutial to whether or not sp momentum will be maintained. Factor in the possibility of a slight sp retrace if things aren't going to happen this week.

I can understand that people enjoy seeing the sp rise but please can we put a hold on the 'toot toots' and 'this baby's going to run hard'. If this was going to run hard, she may just as quickly fall so let's keep things real.

cheers
Ange