Hi OutbackOracle....Not sure if that post was directed at me,but...

Hi OutbackOracle....Not sure if that post was directed at me,but I'm very amused if it was...emotive posts such as yours contribute absolutely nothing except mirth :))

You tend to think that you know something of what is going on,but I just take my cue from the shareprice,and that tells a compelling story currently.



5h...I also find it very amusing that you can make a connection between "the novice end of the market" and the drop in CAP's shareprice...maybe the pros are buying up,but the vol has been lousy and anyone who has sold out since the big vol day June 7 is well ahead.


Re patience....In this market patience can send you broke if you have too many eggs committed to one basket.


In the current market,best you learn some TA before "hold and hope sends you broke".


Having said all that,CAP is putting in a nice basing pattern with squeezing Bollingers and there MAY be significant short term upside...I'd be looking at short term Fib targets of 34/44/48




Cheers all