Yes NCM margin call selling for sure this am. Think we should...

Yes NCM margin call selling for sure this am.

Think we should see a bit of a bounce this afternoon , as tonight in the US is a huge risk event - if unemployment numbers are shockingly bad then we may see some announcement of QE being considered or similar , causing all asset classes ( other than the USD of course ) to rally big time.

Or not - anyway I'm not a trader but tonight could see massive swings in gold/equity markets so SG et al stay safe.....

Fundamentally and from a longer term perspective with aud gold approaching $1600 and set to rise further the margins for NCM have never been better and the stock remains mind boggingly undervalued.