Yes, certainly a few maybe on the sidelines may be waiting for...

Yes, certainly a few maybe on the sidelines may be waiting for the resources/reserves report at the end of the month or thereabouts.

My guess is it may not be enough to give the SP boost alot are hoping for/riding on.


Someone mentioned risk on/risk off? I believe its risk off whilst the interest rate/inflation issues get sorted before climbing up again the wall of worry in line with economic growth.

As for MAY, I believe the boost the SP needs won't come from the day traders we saw 3 months ago, but from the instos once they see steady state production from any of the 3 or 4 intervals they've encountered. Amongst the bloodbath we've seen on the bourses, the oil price remains steady at $116, and Russia shows no sign of abating, a confidence boost for me to remain long MAY for a longer game.