NCM newcrest mining limited

more downside expected, page-42

  1. 941 Posts.
    I think we are saying the same thing. My post did not detail my bases since I was making my point to nauf.

    I think charts say so much but predicting the end of NCM flat at 7.X as he was saying in his initial chart is ABSURD.

    I would aggree with you who knows where we are what economics up to in the next so many years.

    Some is attacking NCM every which way beyond investment and ethical rules. NAUF came up with the Elliot Wave Principle for NCM which totaly ignores the gold and NCM connection. If one is doomed so does the other. Same principle apply to both to be honest. Others jumped on the idea for that day. They were not event happy with the long demise in the theory they dived into common shorter tactics.

    Anyways I know I am waisting my time since they need this sort of speculation to survive in the way they are trading.

    Please go and read the story behind Elliot Wave Priciple

    All in my opinion
 
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