update

Guys - a quick update to my last post. Thanks to all who have responded very positively to my previous post with their thumbs up. It is much appreciated! There is a lot of strength in our HC Group.

All is playing out as expected pattern wise so far this week. Seeing volume dry up, and narrow range trading as we unfold into the next wave. All good.

For those of you who don't follow Charlie Aitken from Southern Cross, here is a quote from yesterday's newsletter:

"You portfolio must be set for very divergent sectoral growth rates in Australia in 2011 and very divergent sectoral performances. Our view remains that
resources and resource service companies will dominate the Australian equity market in 2011, with mid and small caps leading the way."