NCM 0.00% $23.35 newcrest mining limited

more downside expected, page-193

  1. 13,172 Posts.
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    Well start of a new week...

    US markets had a nice pop on Friday but no admission that they actually finished down for the week..

    POG AUD certainly off..

    Should be an interesting week as the risk on traders backing a lower AUD ended up seeing it rebound strongly, IO down and QBE big downgrade to its guidance......

    HUI flat Friday, NCM ADR rebounds from the 3PC fall Friday nigfht that wasn't matched Friday...

    China data shows good exports..

    4 PC move move since low on Thursday but metrics not improving..

    XJO looks like a retest of 100dma at 5318,,,,looking for a pop and drop but only time will tell, seems everyone buying on price,,,have to see if the flash cash chasing a soon to fall "80 cents" back off with aud rising .......io fall etc
 
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