Woohh Moderation central in here...I think I called this SP...

Woohh Moderation central in here...

I think I called this SP action to a "T" back in early december 09. I've already played out my hand here but I do see some serious volume movements that might indicate that there is a bit more in the SP to go prior to the Announcement. Still a week or so to go and then D day arrives...

The non-doubters here could see riches that they never envisaged but it could go either way. I guess thats the risk.


Here's how I see it in a few different lights.
With the recent Banking hoo haar of the banks in the States Crying about only being able to profit a Gazzillion dollars instead of a Gazzillion and 1 dollars the chances are that some less performing sectors of the market will dry up. Perhaps the play here will continue on the back of traders in full knowledge that activity will be played here until 1st of feb.
There could be $$ taken from other sectors and used here in the form of trading games to a level not before seen... The SP could easily hit 10c if that happens....Well thats the Alice in wonderland version of my opinion.

Alternately she just follows normal market trends of the day and becomes a good opportunity to pick up on any sell off..

I'm out as of very recently and will look to get back in on any significant down turn if it happens..
Leading up closer to the 1st of Feb I might drop back in and post a play for announcement day.