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sentiment on nas, page-12

  1. 6,312 Posts.
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    Exactly. IMO that CBS interview has put the wind up the market. It initially concerned me. (See my post 10049736).

    I posted MY impression of the interview in the hope of eliciting a contrary view - which duely occurred. The discussion which followed satisfied me. However it appears that I was not Robinson Crusoe and that many have taken a similar negative view of Tanzi's words. (ie. he did not get up and shout PBT2 from the rooftops). This has led to a significant drop in sentiment and the SP.

    I don't accept that this drop is due to some people having negative 'inside knowledge'. IMO nothing has changed in a fundamental sense. What this does demonstrate is the extremely volatile position of the SP (both upwards and downwards). There is a lot of expectation out there which can be magnified or dashed at the drop of a hat.

    PRANA is high risk and only the upcoming results will determine whether the penny falls heads or tails. Bring them on - I am staying, I am backing heads.
 
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