Well thanks PAseems like a nice 50% retrace on the 29th low. if...

Well thanks PA

seems like a nice 50% retrace on the 29th low. if it goes lower, I wonder by how much.....

does anyone out there no of reliable figures that show correlations between POG, AUS, LGL asx and Lihr nasdaq
that could be interesting.

I have my sell order in if it gets over heated but im going for close too 3.25 in the next few days.

just thought it would be interesting to give a call and see if little old me can bag one.

I did see a sell LGL article in the paper today but what gets put out to the market is I believe useless as a whole. If it was such good advise it would have been acted on by the firm and its major clients long before its released to the public.

and even though the volume traded was significant and usually showed the high of an upward movement I have a trend line starting from the 24/10 low too 04/1 high
corresponding too a trend line of the 20/11 low to now. there is a pretty good correlation and it has gone above the 04/1 high....added to that the POG in aussie $ running ahead, I see more upside.

I do only have a few thousand though, so not really convinced in the slightly longer term there will be no draw back.