late xmas rally

With the Dow up 300 , I think we might see a bit of a move on PPX and PXUPA in prep to window dress the portfolios of the big instos that have stuck their nose in the trough .

3 or 4 times over the last 2 weeks PPX , has looked to go over 10 , and PXUPA over $20 but each time the European markets have sent the ASX index through the floor and any momentum was lost .

Today s we have a rebound market mentality and ill be watching to look for signs of Orbis and MBA topping up to suck all the loose sellers out before the Th to see if there is genuine interest in the stock for 2012 .

I hope so and ill have my finger on the buy button if the buyers do show their hand.