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lol Hottie,

Thanks for the definition. It's something new that's cropped up.

MTE's had my attention since it put in that lovely looking hammer last week :) There's a few very keen buyers, I'm thinking they'll push up to about 60c to get their fill.

But if you had just held onto your tradies with ORE for a week longer... you could've been flying in your own private jet :)

You've been saying the Dow and XAO look toppy for the past two weeks... they've been resilient thus far. The trend continues to be up, on the XAO a break below 4280, and on the DJIA a break below 11,500 is needed to indicate a change of trend. To me the current push higher feels like a 2nd impulse wave in Elliot speak - the market's moving up but noone's believing it :) We'll see what happens when the current supply is exhausted, the 'cash is king' merchants have barely made a dent into the trend... next stop 4800-5000.