are we just sheep
Are we just sheep.... lambs to the slaughter?
It's so easy to be bullish when the sp goes up like today.
But if you look at todays chart, it didn't do that much early, just a bit up. If there were some 'in the know' who were buying, that's when it would have all happened. And we have seen similar early buying many times with gdn during the last few months.
So maybe most of today's buyers, were simply following each other.
My main concern is that there was no update today. Which 'might' mean there has been no significiant encounters in over 300m of one of the major target formations. It'll soon be 9 targets down, 2 to go!
One great thing though is, the higher the sp goes, the bigger cushion we will have to fall on if things go wrong.
Good luck to us all, bah!
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held