roundhouse25 May 2009 14:26
I have a similar view and noticed the small buys/sell MM funny manipulation. All interesting , I do wonder though whether the rights issue will really occur or a takeover , the recent deals and cash raising from the deals ,might be enough. Barclays improved the the banking covenants too. ( I wrote "poor" instead of more in my last post d'oh ) !!! Anyway would be interesting to see if the 59 level can be broken this week as that should be the next resistance , and then if it follows recent patterns this might retrace to 50 , this would make this recent pattern a 3 in a row occurence . If this game is played often I don't understand it , but would have to take advantage of it I suppose