Just for useless information. The last time a nice little spike was 20th of July 2009 then has been gradually sliding from there.
The real interesting bit is: 27th of July the announcement "REDBANK HITS COPPER PAYDIRT"!!
The market must have had that day off the SP went from 30cnts to 21cents.
Conclusion: a spike is about week b4 announcement. (we had a blip yesterday).. IF there is an announcement the SP will go down. History will repeat itself,,,, again.
Disclaimer
I would love to wrong.
Just for useless information. The last time a nice little spike...
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