Watch the supply side this morning. If the Montagu (and possibly other) placements at 65 through 72 stick to their (cap)guns then I will be surprised. If they do then we are in for a fight where the cappers will have to dump a lot more than they want to. That cannot last long. I suspect a strategic wihdrawal but will be interested to watch closely in the next few days.
amex would enjoy your comments, page-4
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