NCM 0.00% $23.35 newcrest mining limited

thoughts!, page-4

  1. 2,498 Posts.
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    SG,

    Mate 10 could become next resistance......if market does not like the number tonight in US...gold may dip under 1300.
    It feels 9 bucks is going to be broken.

    The sentiment is very negative, interesting to see whats next for NCM.
    I have increased my short a few days ago and will continue to do so on any rebound.
    Dangerous stock to play.....as you said stop is a must on this beast.
    Some people dont like your view....but sp is the truth and it is very weak.

    If the sp goes much lower it will erode more confidence in the stock and there will be more people selling.

    On the other hand gold can rebound.....hmmm........not easy.

    Cheers,
 
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