I am not looking to talk anything down but we closed a major gap...

I am not looking to talk anything down but we closed a major gap today and good riddance to it I say.

As painful as some would see it, a drop to 7.4 over the next couple of days would certainly clean a few pipes.

Obviously a lot of punters had bought in anticipation of news happening today and when that did not eventuate they sold to avoid T2.
Why they thought news would happen I have no idea.

I am told not to talk the sp down, which I have no interest in doing anyway, but today is a prime example of when the sp is talked UP and what then happens when the spruiking does not happen as predicted.

One question for the "golden cross pundits", which I believe is a strong positive signal no argument - When the MA crosses in the downward direction, as now, is that not a dead cross at least short term?
I realize that the longer term cross is still active but we are talking short term here when closing gaps - or at least I am anyway.

The large 7.4c to 8.1c will hopefully close soon but who knows, certainly not me.
I have never said they must close - only that they usually do.

GLTAH, especially me as I am getting pissed off with this stock.

Lockitt