interesting ,,despite the newsflow being the same as yesterday,,,"shutdown",,,price of gold that was 1350usd on open yesterday , lower,,,,,I suppose if you were really concerned about missing out on a library trip or an excursion to Alcatraz, you might want to move your portfolio away from no dividend paying, group cash glow negative businesses......:)
ANyhoo,,,some basic TA,,,,below is the first chart posted ages ago which indicated to me the longer termers were just continually selling to the short termers,,notice the moving average cross overs,,,it payed off that chart....
Second chart is the current situation, quite distorted because of the volume spike from front running for a major index change...but they are crossing,,,so the short termers better be very liquid and very committed IMO,,I still think she goes lower on basic TA and fundamentals
NCM Price at posting:
$11.70 Sentiment: Hold Disclosure: Held