Xstrata

Xstrata announced not to buy Lonmin at this time - I thought this would cause sell pressure on the shares but according to news item likely to cause buy pressure and sell pressure to Lonmin.  Uncertainty is removed and it may now return to previous value.  Continue to watch.

Bought at 17.37 as beginning to rise again - though subsequently dropped - note there is more sell pressure on this so perhaps I should have left alone until buy pressure (real as oppose to temporary upswing) kicked in?  It is all learning and I will stick with this share for a day or two as I believe under-priced and will go up - when rather than if.  It is fascinating and illuminating watching the price-feed in realtime!

Also note that markets react to rumour not news so would have priced  up prior - as indeed upswing shows - before pricing back down.  At 3.45pm price has dropped below 17!  As sell pressure was indicating!

Ended down on previous day's close but with more buy pressure - not sure though whether that is an end of day effect - will watch opening trade tomorrow by way of learning.  No reason why should buy at day start and sell toward day end - as long as transactions are within about 24 working hours of each best time to buy and sell is to watch and transact accordingly.

Had I stuck with sell pressure I could have bought for less than £17.00.  But still early days as I don't know yet from experience whether the temporary upward spike usually then resorts to buy/sell pressure trend - watch and learn!