Hi guys,
From a technical point of view aren't we at a very critical 3 year SUPPORT point $2.55,,............it looks that if this is breached Monday that we may see $2.00 ???????? With gold, copper, zinc and lead all up (lead 3.38%), you may hope that the newly formed OZ is somewhat insulated and seen as as a safe haven for fundies to transfer money from the distressed financials to commodity plays????.........or will it still be a broad based sell off (i.e.no one spared).... our market fell on FRiday by 80 points when it should have been up 20 ,,,so maybe we have factored in the 200 DOW drop.
Anyway what do others think of this critical 3 year SUPPORT price....... does the fact that she has changed names and merged into a bigger company invalidate the previous technicals??????
OXR
oxiana limited
Hi guys,From a technical point of view aren't we at a very...
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