NCM 0.00% $23.35 newcrest mining limited

Profit is a profit, cant always sell on top.I still hold the...

  1. 2,498 Posts.
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    Profit is a profit, cant always sell on top.

    I still hold the longer trading parcel and will continue to accumulate on the downside and take profit on the shorter trading parcel.

    The shorts will concentrate on news that justify their belief and the longs are opposite, I try to be both and neutral and open to all posibilities.

    This market can pop either way all depends on what the next news from China, EU and FED and BOE

    It is news driven more than technical, chart means little and today NCM rebounded from low on low volume, nevertheles
    the longs still managed the day.

    A kill wont come in a day, it will take weeks or months, either way it will be worth the risk.

    Stay safe,
 
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