The last 2 days has washed out a lot of traders who weren't prepared to hold till next weeks drill results and a huge amount of stop losses hit and weak hands out so I'd be very surprised if we saw another sell down like we did today. In my opinion the register now is stronger than it was before. I'd expect an end of week close of 14c in line with last Fridays close leading into the drills next week.
I have to say though that I really feel sorry for any newbies that may have sold at a loss today or yesterday, it's an awful feeling that we have all experiences at one stage and I wouldn't wish that on anyone.
All speculation of course and just my opinion.
dyor
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