If the majority of hot money has flowed out which is what we need for stability we could have found our bottom, between yesterday and the day before i think the bulk of traders are out.
We have 2 positives to take from the above if infact this is the case. Obviously if the selling has finished the price wont fall anymore, secondly the SP possibly copuld have a floor at 6.5c which for me is a great result coming up from 2.6c. We have results pending which if are good we will see what will be a repeat of round one buying all over again and not from 2.6c but from 6.5c.
I justtook a quick look and refreshed the screen, this is lookingvery very promising for long term holders!!!
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traders maybe flushed out
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