NCM 0.00% $23.35 newcrest mining limited

reversal, page-2

  1. 643 Posts.
    The markets were kept positive in the US yesterday with POMO to accommodate the GM IPO. Will be interesting to see if the little dip is over. So I assume negative manipulation kept to a minimum.

    Ireland still hasn't stated that they want/or will accept a bailout (basically bailing out the banks). Inevitable they will have to I think, but there will be strong backlash aka Greece protests.

    Beware China, their inflation problems are real and of the type that can be socially disruptive. This creates the risk of China taking much more drastic action in the near future on top of yesterdays price controls (which never work).

    However NCM is in my opinion a good stock. I'm hoping for a kneejerk dip over the next week over China Ireland etc events. IT may or may not happen of course.
 
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