I don't know why there is so much emphasis on the dmi and 200...

I don't know why there is so much emphasis on the dmi and 200 day ma, no doubt about the facts,the market didn't like the asx announcement yesterday and for good reason.
Just look what happened to sgw after their announcement, some people were singing it's praises only a few days beforehand. The ones that didn't get burnt were those lucky people that sold out in the $2.60 's,even though you scorned them.
However,psa should be higher in the future as more discoveries are made and their cash flow increases.