NCM newcrest mining limited

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  1. 524 Posts.
    For what its worth
    http://markets.theage.com.au/apps/qt/quote.ac?section=charts&sy=age&code=GOLD&time=1dy&freq=1mi#topOfChartsAnchor


    Plenty of buying in the first hour of trade today , as there was yesterday - as you would expect with gold surging. After all aud gold has moved from $1700 to $1800 in the last 3 days.
    The selling that is dominating this stock is high in frequency small in volume and designed to lower price( less liquid lunch time sell offs a feature also plus end of day tape painting etc) - now I don't know for sure what the plan of the sell bot entity is but you only have to look at recent trading patterns to understand that this is not a nornmal 2 way market.

 
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