NCM 0.00% $23.35 newcrest mining limited

back over $40 soon, page-110

  1. 848 Posts.
    BDZ,

    Yeah I looked at the charts you provided and sure you can make a case that a down-trend is close. I sold out last Friday because I thought the DOW would be red and POG looked to be correcting to say $ 1300. So I tried to manage risk here. My thoughts overall are that a gold bubble is being cultivated at the moment. However in saying this I maintain the gold bubble has hardly started. The big fish of the world make their cash through contrived booms and busts. There is always some boom and bust going on. I thought I could get back into NCM this week cheaper. We will see, tomorrow certainly looks like a green day.
 
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