cvi primed for a run up today, page-3

Timeto,

I can't see the traders coming into CVI today although if they do it would only benefit the SP up to the point that they start to cap it which they clearly are not at present.

I think there are far too many seller levels to penetrate for that to happen. Look at the individual buyer numbers on the seller side, lots of individual buyers supporting the price.

Traders could not have aquired enough stock in the 13-14.5c price to benefit significantly from a trader led ramp up at this stage.

I think CVI will rise & fall today based on genuine trade.

Have a look at the ASX today, down 73 points and CVI holding up nicely.