16-11-11 2.9 low ran to 6.4 next day and finished 5.1 same day. With all the chartists out there who know more about first waves etc than I do and have squinted over the figures would you think that 4.6 is the bottom? A low of 2.9 high of 6.4 again on the 19th this month. Or are we in a 3rd or 4th wave? Let me check the tea leaves. LOL I am feeling a bit like when I held SDL-watched it fly had a bucketload of green and watched it bleed slowly. Tail wagging the dog again. Everyone says hey it will retrace so lets sell now and guess what-it retraces. Surprise surprise. Don't worry about the value of the coal in the ground and comparison to peer companies-lets all follow the expected market trend and gut the SP like a fish. Gladly we haven't hit the fish frame yet. The market still seems to be filleting. Good luck all
NMR Price at posting:
4.8¢ Sentiment: None Disclosure: Held
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