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0.00% $23.35 newcrest mining limited

with all this bad news overseas, it shows signs that profit...

  1. malman
    531 Posts.
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    20/02/09
    16:42
    Post #: 4820686
    with all this bad news overseas, it shows signs that profit takers could move in tonight in overseas markets and liwuidate positions. As materful says its about conserving capital. So if traders see heaps of red and only a patch of green on their portfolio's they could be tempted to sell what's in the money to pay for their bad bets Its the only way i can explain away an 8% sell off today. M
    NCM Price at posting: $33.03 Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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