is prr going to close the gap at 12?, page-83

something for the rampers..

;)

0517 GMT [Dow Jones] Australia's S&P/ASX 200 index has seen a spectacular intraday recovery that strongly suggests a major bottom is in place, according to traders. The index bounced from a 2-year low of 3765.9 to an intraday high of 4008.3, on extremely high volume, for a 6.4% intraday bounce. BHP (BHP.AU) is up 0.5% at A$36.78 after hitting A$34.81, Woodside (WPL.AU) is up 1.5% at A$34.32 after hitting A$30.53, and CBA (CBA.AU) is up 2,1% at A$46.58 after hitting A$43.41. "I've only ever seen things go down as quickly as that, never up," says MF Global senior trader Anthony Anderson. "Massive volumes in the past three days suggest we've seen a total capitulation of leveraged positions and we've seen retail traders starting to get short after stopping out of long positions. I wouldn't be surprised if we are near a bottom." Index is up 0.2% at 3994.4.