NOR charts thread, page-2210

Holla, BSL long is about those fund managers that have to be in the market looking for somewhere to hide, that isn't financials and mining. The chart is set up beautifully for a long trade and I got confidence when it rallied on a big down day during the week. Health stocks were defensive during the GFC but they've stayed at high prices so won't do the trick as well this time. If you're going to long anything in this market, good industrials with a bit of valuation headroom should get some attention and attract funds. I think it will be one of the themes of this bear. You ought to throw a few coins at BSL and watch it. $3.80 has to hold though.

Who knows, maybe some of of those fund managers will put some money in NOR, as it's mostly uncorrelated to the broader market! Regards, Orwell.