NCM 0.00% $23.35 newcrest mining limited

heading south, page-66

  1. 2,498 Posts.
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    gold digger,

    Yep what a crazy day today, lots of stops got hit and sentiment generally toward NCM is not good and lots of fear
    in the market today.

    Once people turn bearish on NCM they start to behave irrational.....gold up NCM got smashed....nothing to understand and the shorts try to make the best of it.

    I am surprised to see closed still above 25 but it looked weak to me.

    People start to think the end of Chinese and iron ore.....
    this is going to be interesting indeed, extra care is needed but it will open lots of opportunity.

    You are right the delta is not that good but it will change
    We will see what ECB is saying Thursday.


    Stay safe and trade well
 
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