BIG 0.00% $2.22 burrendong minerals limited

My friends,Thank you and sorry for my mistake of trading day...

  1. 1,538 Posts.
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    My friends,

    Thank you and sorry for my mistake of trading day (tomorrow).

    Look back my previous post (16/11/07)

    “Charts:

    1) 0.29 – 0.618(0.29 – 0.135) = 0.195

    2) 0.29 – 0.618(0.29 – 0.085) = 0.164 = 0.16

    3) 0.29 - 0.618(0.29 - 0.042) = 0.137 = 0.14

    4) 0.29 – 0.618(0.29 – 0.014) = 0.11.95 = 0.12

    The first two levels of 0.618 have met (19.5 and 16c). In the next few days or weeks, may test @ 14, 12 or 8.2c�.

    Yesterday low was 8.1c!

    Today 13.5c is too much. IMO, if Mon CAN’T beat 13.5c then will start a down turn, to 10c soon. If there is no good news, the next cycle will be 9c and 8.1c (again). Then it may test 5.8c or 4c (???).

    I MAY BE WRONG.

    Good luck and Happy New Year To All







 
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