90c is not enough and trading on speculation, page-3

  1. 2,499 Posts.
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    byteme,this is where longterm holders wipe the floor with the traders who have been satisfied with taking one half cent and one cent trades.

    HEDGE funds have been implicted in today's buying

    "Market watchers said the big lunchtime rush was possibly speculators -- even hedge funds -- buying in anticipation of a deal.

    ABN Amro Morgans financial adviser Lisa Jarvis described the trading as the most aggressive since mid-January "and almost smacks of something unusual going on".

    http://www.news.com.au/heraldsun/story/0,21985,23480167-664,00.html
 
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