It is amazing how the tone of the thread changes when the price rises such as it did today.Come on it's Christmas ! The shorters had their day and made their Christmas money.Now hopefully it is the term of the longs.I'm sure the saying "Dead cat bounce" etc will appear soon but I strongly believe there will be a mark-up to 22p on Monday.If there is a strong contingent of buying at the off the price could move up rapidly.Alot of people got trapped in on the way up calling the bottom too early so hopefully there will not be too much resistance.
The shorters game of stating worse case scenarios does frighten some people as has been shown but after some experience you find it best to either filter or ignore them as 9/10 there is no basis to their comment.
Here's to Monday and MM's full of the Christmas spirit.
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