NCM 0.00% $23.35 newcrest mining limited

finally some cracks in the rally, page-89

  1. 13,085 Posts.
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    Hi All,,,,,been sleeping its so quiet out there,,,,,,inflation numbers are out as you say Alabama they show inflation in the usa, ,,currency weakness will flow through into the numbers next month I suggest,,,

    Short positions being thrown on are decreasing, so either there are massive amounts of profit takers or one of the big holders selling a portion down......looks like alot of trafffic to block the move through 29.90... bit of patience, good place to accumulate....its only a matter of time,,,GOLD has good support at 920 and in my view is just waiting on a catalyst to move to 950.......lets see if someone covers alittle this afternoon to reduce their in the face of rising gold and falling AUD....low volume on ncm today so far so Im not too excited,,,,,this can change of course...
 
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