EM1: Ben, Endless's comment needs to be read in context. It is...

EM1: Ben, Endless's comment needs to be read in context. It is made with no regard for potentialities that may be days, weeks or months down the track. The rise from 2.2 to 2.7/8 really stretches it on an intraday basis. From a true, daytrade perspective, 2.7/8 is considered buying high. A pullback is likely today and as daytraders we like to be out before this happens.

If you are looking at it within a different time-frame such as weeks and months, then the intraday price gyrations will be viewed differently. So, rather than it being a matter of negativity, it's more a case of needing to compare apples with apples.