accumulation, page-6

katana

The tone of your post seemed cynical and dimissive - your exact words were "There ain't any" with respect to being able to put a name to the recent activity, and noted only that the share price "moved up a bit", as if this were nothing of importance.

I disagree - there IS something taking place. In terms of the bid/ask depth and ratio, volume (and now price action); and combined this is probably the most bullish set up TMR has seen in the last few years - whether we call it accumulation, or spread compression, or break out, or whatever, it is real and observable.

We can get into a debate on semantics, but now is not the time to be a cynical fence sitter - time to get on board and let's see where this goes. Which it sounds like you are doing, so go hard mate.

As for share investors out manouvering the futures pit, let's look at the last year. The junior mining sector's action on the down side preceded the route in commodities; and the compressing spreads, growing bid size, and increased volume preceded the sharp move higher. "Why?" is another question.