Well I have some good news as the stars may have aligned for AMP...

Well I have some good news as the stars may have aligned for AMP holders and a reversal in fortune may be on hand for the following reasons.

• I have followed the mood of AMP posters on the funnymental threads waiting for signs that all hope has gone and that the false pride that accompanies hiding a great mistake has kept most of the "usual suspects" repeating ad nauseam what they have been saying for the past few years. This tedious "repartee" has today hit its apogee. All hope is lost. All funnymentalists are fighting bats in their attics. Doom and gloom.
• Next is the agreement by all funnymentalists everywhere that the markets are about to crash, a sure sign it will not. Thus the world outside of AMP trading and HC AMP funnymentalist threads are in agreement. This is a dangerous assumption. Many will be selling and more buying.
• There is a holiday this week for Invasion Day, I believe on Wednesday. There will be a hiatus when the US markets will be trading and the ASX is closed.
• There will thus be two full trading days following the close tomorrow on the ASX where the US market will declare itself and thus the chance for a bet off a triple bottom tomorrow.

Naturally I will not enter at the open, nor at $0.895555, I will leave this to the Averagingdowners and other bedwetters. To me it is obvious that the bigger funds and large holders are flushing out the retail holders with recent price action and accumulating in anticipation of a rise in price.Just look at the chart. If I am wrong the US market will tank tonight and AMP will head towards $0.80 and I will not bet.