NCM newcrest mining limited

immediate target, page-44

  1. 13,201 Posts.
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    Hi opt t, yeah nuetral below 10 to see which way they would go, got some of the move up but was pretty cautious,,,,,,,i went long because there s no point being right but being killed by price,,,,,,more a technical long position as the fundamentals havent changed or been confirmed as changed yet........

    Will be interesting to see how it trades once it goes over the moving average at 1225,,, hasnt been above that line for what seems like eternity, may bring new funds in and hopefully it feeds on itself,,,,,,,,im still holding protection because f the fundamentals and if all goes to plan, it will be worthless but the longside will more than compensate......

    gold trade pretty consistant in terms of levels,,, broken back up above 1300,1307,1317.50, 1325 and now 1330 so i suppose if the levels hold it will look for a test of the round 1350,,,, lets see how it goes
 
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