hats off to country writer, page-9

M34N,

strange times indeed I think with gold and the market in general. Will NCM follow the market down if indexes confirm a breakdown as many suggest? Will NCM be a flight to safety with their unhedged gold profits at record prices? What was that 500'000 shares bought after market about? Is gold at the top of it's upper trend channel and looking to correct? Wouldn't the US central bank rather people bought gold than the USD? I have lots of questions too and it will be fascinating to see what happens... My interest in NCM is only a relatively small punt compared to my cash position.

Personally I hope NCM will come back to test that break out line and bounce. I'd have a buy at 39.60 and if that break down then maybe look to close the gap and bounce, if that fails I might sell out and wait for a more convincing confirmation of a break up. Fridays action could signal a false break so we'll see.