Thanks for the above feedback re BA & how people are finding...

Thanks for the above feedback re BA & how people are finding it.

I watched some of yesterday's trading activity with interest. I could understand how some may have taken it as weakness but as the day wore on I think it was more of a sign of testing for supply.

Before lunch the SP stepped down almost in single trades from 4.4 to 4.3 to 4.2 to 4.1 to 4c before stepping back up later in the afternoon to 4.4 before auction closed it at 4.3c. It was a fairly low volume day.

Last Friday was met with supply throughout the day and ideally it would have been good if the weekly closed slightly higher than it eventually did. I guess some traders would have also taken profits around this time.

Anyway, it looks like some of the supply from last week has dried up for now as yesterday's gyrations were met with minimal supply.

It may still be too early to determine where to next and the next level of resistance isn't far away.

Thanks for the news on NZ conference and that cycling link Anton. Here's another article for runners from MJ's twitter feed ...

http://healthyliving.azcentral.com/nose-breathing-running-8418.html

I liked the bit about the Kenyan & Ethiopian long distance runners and how breathing through the nose has some effects similar to altitude training. Down the track it could have implications for people who run & train for city marathons and many other sports.

Must admit my DD had July 18th marked down in regards to a possible soft launch of the latest version of BA.