XAO 0.59% 8,703.1 all ordinaries

Short Term Trading Weekend Lounge: 16 -18 Sept, page-66

  1. 816 Posts.
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    No idea really @radx ,

    Houng and I were down the south coast last week doing other things, we knew the 'short' position on GEM fairly substantial and on any increase in volume above say 2.30 would be a problem to some that could not be fixed in one trading day.

    Remember a conversation with hound early arvo thursday before we were about to depart to a remote state forest (no laptop and questionable phone access) and team pretty much just decided 'nah fck it, trust yourself let it ride'

    Team was doing a small audit on wildlife populations, the fcking state government has its eyes on all those nice trees that should be turned into $$$, the little trading team along with few others in full 'eco warrior' mode getting info on behalf of state gov.

    So let's just put it down to the 'wombat hold effect'
 
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