".. I think the bottom has been reached when All Ords was at 3900 on the tuesday.."
The bottom was actually about 3780, not that it matters. Surprised that the market has come back, 'so quickly, as high as it has, although expecting the BIG ONE soon, somewhere an XJP down to between 3300 and 3600, which is my target for a short trade. Seems that timeframs are becoming more compressed. We are now in a target rich environment, so no use shorting poor old Tabby.
She's holding on well considering, I suppose a few emails have done the trick with the target audience, at least for the time being. Self delusion built on hope is a dangerous habit. Great exit opportunity.
Something to ponder is, why would any company with ready cash commit to a JV, given current court cases and state of the general market?
NKP Price at posting:
22.5¢ Sentiment: ST Sell Disclosure: Not Held
