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Message: Re: Blackout status?/rumours of hydrocrbon hit outside Namibia
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Jun 30, 2008 02:59PM

Re: Blackout status?/rumours of hydrocrbon hit outside Namibia

in response to by
posted on Jun 30, 2008 06:56PM

First, what and where is the source of these rumours, and if true...then why did the SP fall (lose almost 50%) of yesterdays gains. I'd think that those kinds of rumours (and I hope its true) would lead to incresing amounts of buying accompanied by a strong push in the SP upward even past $3. So why did we sell off today?...mabe yesterdays gains were a combination of short covering and selling by those who bought in at higher levels and just wanted out. Also, some profit taking. Good news is.....not to many sellers below $2 today.


Jul 01, 2008 07:19AM

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