price drop, page-17

re: price drop - expect volatility! geos

Not many were sold - perhaps 500k-800k. Classic shake-out IMHO by shorters and CFD providers making sure stops were hit. It was their last chance before drilling starts. A fall of 8 cents with no retrace back up and volume of 8m-10m would be a worry. Note that ROC and WPL are up.

Get used to the volatility though as we head into a period where profits are taken ahead of drilling by some and traders respond to frequent news.

H