breach of 1.15 will break below the trend, closing below 1.15 will be confirmation. Breaking 1.1 would lead me to believe a new trend beginning.
My choice to lower my portfolio % of MAD is not out of dislike of the company or belief it will go down. I just think it may stagnate during the european crisis whilst gold, if money gets printed, could be a huge growth towards end 2012.... Want to take advantage of it if possible as I sold most of my gold assets when they started to get slaughtered (end last year/early this year.
FDM Price at posting:
$1.16 Sentiment: LT Buy Disclosure: Held