Burnett.. to be honest there isnt much to say about the MAE...

  1. 12,414 Posts.
    Burnett.. to be honest there isnt much to say about the MAE chart... seems that its on a downhill run with nothing stopping it..

    Interesting that there was a recent cap raising @ 7c to sophisticated investors (I wonder if they are feeling very sophisticated anymore)

    Watch for a break of the down trend...that at around the 6c level.. scalps might be possible between now and then, but its certainly risky to hold in a situation like this..

    Hope that helps.
 
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