"You came out earlier this week saying building volume with falling prices was a good thing. Ideally, volume in a retracement should be dropping, as sellers dry up. If price is falling and volume is building, that holds a negative connotation, more sellers means the price can only go in 1 direction."
Sorry Freo, I don't remember saying building volume with falling prices was a good thing? In fact I don't even know what that statement is supposed to mean.
Perhaps my gut is affected by this bout of flu...
I was saying 40s is on the card because of the world market activity which is beyond our control.
RES Price at posting:
52.5¢ Sentiment: Buy Disclosure: Held