FFA - Potential being realised at last?

I can see the bid offer narrowing, but I don't expect the MM's to put the offer up just yet. Personally speaking, I would want to see the price getting back to 8p before I will start some large purchases...then I will be buying when the market is showing a profit and moving upwards, as opposed to averaging down, merely hoping that it will show me a profit - especially as the bid offer spread is so awful, you are on the back foot before you start.

Good luck with your individual strategies - thats what makes the market so dynamic.