OZL 0.00% $26.44 oz minerals limited

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  1. 1,411 Posts.
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    I like your chart MX.

    Just wondering when you trade stocks with trend lines do you have an exit strategy? Like after two closes below the trend line.

    I feel that the momentum will only continue if:

    1) The price of copper and gold continues up.
    2) They are successful in the purchase of Carrapateena at a competitive price and show the favourable future potential of the resource.
    3) They find another prominant Hill on their tenaments
    4) They are able to increase the resource base of prominant hill significantly.

    My gut feel is that we might slow down and bit and perhaps retreat a little following a rise tomorrow after the increase in the DOW and copper prices Monday.

    We might then get Buddfox posting again.

    Wasn't Buddfox charle sheen's dodgy character of Wall Street who in the movie setup Gekko for insider trading.

    Planning to see Wall Street 2 shortly.
 
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