nbn pricing doubts, tls vote delay , page-19

With the greatest of respects as well Ian H, the reference to "smart" money is not to people with superior intelligence but the big hedge funds and traders who control the share price. I think when TLS races up on news on huge volumes, the "smart" money are offloading the stock accumulated in the 2.50s, 2.60s and 2.70s to people who are too emotively excited and don't want to miss the train.

Still holding my long term holding very tightly and not going to be shaken out so easily. If the test is successful, I might even buy back my own trading parcel at the same or higher price but I am happy to watch and see for now.

The transition from bear market to bull market has just begun as evidenced by the bears who only a few days back were occasionally posting that this was going down to 2 bucks and they have now stopped posting. For the long terms this still has quite a long way still to run. However like all journeys there are resting points in between.