The SP is warming up with an 18% rise overseas today on MAJOR volume.
It should go higher in the next few weeks, but the share price is now looking to be highly oversold, always an indicator that the SP is ahead of itself.
But consider that the SP has been suppressed for so long, we could see profit taking and then another leg up as the SP tries to get back to a real valuation.
If something is happening and all this buying is from the institutional guys who always seem to know more than us, then we could see gap ups bigger than we saw today.
300 - 350% suits me just fine