Hi GHT, i'm not a short term trader, I have been trading these shares since they hit 16.55 in the GFC. I trade the price changes based on data... NTT should be about 35 imo ,,,one has to recognise that everything is QTR by Qtr now as this is the world we live in....
GM, i accept that they do not disappear but of course they are worth less in the ground to shareholders than out of the ground and mining companies that miss need to get re rated otherwise they could just miss all the time and the shares would go up. I cant see 1600 in six months time as my view on the USD is still the same, everyone is short a currency that in reality cannot default unlike the Euro that has a different structure......everyone thinking QE3 will come has been told in no uncertain terms that it will not by the US government, now that may change but not unless the market plumets forcing a knee jerk reaction from the US government to provide even more sugar, personally I think Gold will come off as soon as 140 V euro looks like it will be broken and that should happen once the debt ceiling is lifted and the fear of soverign defaults eases....
Anyway intersting comments taken on board, but Im sticking to the cave for the time being
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