AUL 0.00% 28.5¢ austar gold limited

08 spike, 10 spike 12 spike?, page-20

  1. 6,108 Posts.
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    MO how long you been trading mate?
    With respect you dont get rich trading charts and ive been watching markets carefully since the mid 80's.
    What you look at is the so called manufactured "business cycles" that are created by the central banks of the world and their control on liquidity and credit.
    At the moment the central banks have credit by the throat and stifle liquidity deliberately.
    Thats for debate im sure and for another time.
    The cycles run their course and eventually bottom out as this one eventually will if it hasnt already and the purse strings as always will be loosened by the big boys and off we go again.
    But in the troughs you look at the fundamentally sound companies that have the potential to shine during the better times.
    You look at assets and management.
    MNM seems to tick all the boxes there.
    Problem is MO you make a habit of appearing after a spike up over the years that irks most holders here and questions your charting skills and credibility.
    Where where you at the recent spike down to 8.2c,missed that didnt you or did you??
 
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