stevo,Completely agree but the nigger in the wood pile is the...

stevo,

Completely agree but the nigger in the wood pile is the large seller.... can you say nigger in the wood pile it sounds politically incorrect today.

Think different analogy Swan.... mmmm

My point re SP.
1) yesterday and i have stated this
2) 108 metre sand discovery was used to 'sell into'
3) 40% reduction in SP inside 3 weeks means if they are still in the game to sell Bilby find could well be used to sell the remainder out at...at least there will be buyers but lots of stock will mean SP could still stagnate for a bit.

I do not see with this pattern any sign that the selling has stopped.
SP technical, fundamentals, logic whatever you want to call it are IRRELEVANT in the near term.

I think the best thing that can happen is the T/O .. i love what KAR has achieved and these 2 holes will further prove it ..

Stevo hang in for the T/o after Proteus-1 and prey for a Bilby strike which i am sure we all are.

So today another non descript day no pattern yesterday very strong and KAR still closer to the lows of the day than the high....only action will be after 2 and then watch the last 10 minutes and the 4.12 that's when the sales start ..keep it at VWAP then business is done last 10 minutes