NCM 0.00% $23.35 newcrest mining limited

NCM/GOLD -> is the time now?, page-8

  1. 13,085 Posts.
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    Yeah, gdx shares in issue expands again to near 315 m

    Could get a relief rally in some of these prices , options expiry this Thursday , some shorts may look to square up following the quick reversal but still think she is overvalued

    Copper smashed, if she has a relief along with commodities could be some big spikes and is a risk to usual short term up spikes

    Certainly the market is convinced small rate rise in USA coming along with big negative rates in Europe , and deviation from this expectation cod be very wild indeed, if you went short a couple of weeks ago I'd be putting some protection in, what better way to generate brokerage than to swing it



    Good luck
 
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