Is the DFS really delayed or is it Hotcopperites who think it is delayed? Does management really need to substantiate every little step of due process to the market?
As frustrating as it is to see short term traders and arbitrage sellers liquidate positions, the fact remains that volumes on the downside have been small as investors take a breather from buying.
Every now and then when I'm concerned about the characteristics of a retracement, I refer to Daryl Guppy's moving average ribbons to see exactly how the longer term MA's are doing with respect to the shorter term ones. You will see that the this move is completely healthy with regards to the underlying trend and investor behaviour.
Walk away & relax - if anyone is losing sleep over this one, it means you're either too emotionally attached to it or you're too heavyweight the stock.
Marchello
THR Price at posting:
3.3¢ Sentiment: None Disclosure: Held
