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25/08/05
14:15
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Yeah options expired today for many, me included.
I had to take a small loss on my last couple of NCM warrant trades.
I'll be looking to buy back in tommorow & next week.
Gold prices will jump in September due to seasonal factors including,
India's lust for gold &
The World Central banks over quota sales &
U.S Dollar weakness.
The information is out there.
The chart looks good too!!
4 Septembers up out of 5.
It's hard to argue with those sort of maths ,hehehe.
It's one for the watchlist.
The Boddington Sale combined with Higher Gold & Copper Prices will make the next Half Yearly report look SUPER, way above current analysts forecasts.
The target is $22 within the next 6 months, takeover or not.
Upside outweighs , Downside.
It would be nice if the MACD hit 0.
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=au%3Ancm&time=8&freq=1
Keep your eye on it :)
hehehe.
Cheers.
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