re: ssb regular comments......ord minnett
look for support at 137 to hold and hopefully move higher. it bounced off long term trendline this morning at 137. Needs to stay above this for the uptrend to remain intact.
I think the discussion surrounding the fact that mick davis wants to play down a takeover is feasible. Even the bears would/should agree with this. If he really wants MIM, he'd like to bid for it when the price is soft, rather than high.
I still think today is a good time to buy if you believe a takeover could happen.
