Smile Power Thursday, page-38

Oh so much whinging and complaining about manipulation.

The rally early this week was a punp up for option expiry and was easy to do. Snap the weak shorts and ease the sell pressure on the big 6 ie banks and 2 miners.

I called it monday that we will sell off Thursday. Play the game the big boys do amd dont carry a position overnight when you know there is a expiry coming.

Got torched a few weeks ago on some shorts when the knockout price was close. Push it higher touch the knockout the sell it off.

Newbeginning mentioned monday retest of lows then a bounce. Gotta think that will be about right. Just the bounce is amother chance to get short.

Our economy is at a different point to the Us amd europe. They can post all time highs but we are not going to for the foreseable future.

Summer time in US so expect some volatility.

Get short rio. Had target of $60 hit today then $58 then $52. We will see