FarlapThe momentum has turned, you may have a chance today but...

Farlap

The momentum has turned, you may have a chance today but the odds arnt in your favour for a fall by the end of the day, the momentum is clearly up,im not a trader so up or down 5c dosnt matter to me. If i was a trader and if i wanted a position i know what i would be doing.

The big runs have mostly fallen in the morning and flown in the afternoon. The days that have opened green have generally followed through green,yesterday was a very rare occasion to have opened strong and fell at the end,i attribute yesterday to the last of the T+ 3 day traders cutting their wrists in the last 1 hr or so.

The slate was cleaned at closeof trade yesterday,notice very little resistance today, the afternoon today should be good,wouldnt be surprised at all to see 20c.

good luck if and when you hop on!