Even our LOCALS cant grasp the YCC odds Hot Lead. That alien wouldnt even know we exist, yet, otherwise he might be trying to beat us to the cheapies on offer now. But u cant keep a good thing in the dark for too long u would think.
CMR hit 120 high on oxides BEFORE the NT political U-turn which took it to its A-3-5 peak by my reckoning. Now we are back to PRE U- recognition days as A-4 completes (IMO). And "that" gap which everyone was waiting for finally got filled down to 120 today. Nice catch for any fishing today.
XAO bouncing too after capitulating earlier .... looks like my XJO CALL was OK huh? Might be green by end of day even. What a classic con. But tonite will tell all. If SPX confirms a triple bottom bounce, XAO may bounce from just fall short of that 4250/60 channel support on intraday cos Rags reminds us the "timing" was "right". He's the technician not me, and we cld gungho next week.
However, no need to try and pre-empt unless u r occasional punting derivatives like me looking for the blowouts .... and today may just have been one of them. Lets see what happens tonite. And we got Wilma heading for those Florida retirement condos over the weekend as well.
My point .... gets scary if u r in crap or fully mature stuff when the market gets the jitters ... unless ur cashed up looking for such opportunities. But with weight-for-age class like this baby, u just load up every time someone wants to leave his oars, within yr personal investment strategy bounds of course. What other U fave has a PE 2 basic oxides backup in this market that u know about?
I dont know where market or CMR are gonna go in short term tho have my suspicions and will be playing them. But personally I have plenty of leg room for tech opportunities as today.
Are chartists now happy "the gap" was filled ? Lets see what happens with those other 2 mill in mid Nov. Tho correct me if Im wrong recipients, that was pro-ratad out wasnt it? ...ie if u got 100K allot u already have 80K with 20 to come?
That would mean u dont need to wait for the newbies if u already want to sell. If so, they should have no further impact on price IMO. Its all happening now. Another 200K assimilated so far today.
IMBOOC
CMR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held