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Desperate Dan - Thu, 28 Dec 06 :

Agree tufty - with your first two paragraphs !

Appears that the 300.0 level has now developed as support(in the short term at least). Though, imho it may be possible that a return to the 260.0-270.0 range may be on the cards during late Spring.

In the immediate future and to my mind, the bounce off the recent low of 290.25 on the 22/12 was very significant - a case of developing higher lows.

imho, looking good toward 320.0 during late Jan and into Feb, but then maybe a time to bank some profit ... ?


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