NCM 0.00% $23.35 newcrest mining limited

reversal, page-60

  1. 13,156 Posts.
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    good,,,we should have a big move in the afternoon now as they pinned the market below 4670 all afternoon,,would be reasonable to start shorting there,,but all of a sudden some volume has come in and most stocks are now surging on a squeeze it appears..

    Hi Goldmick,,the share action of 1 2 4 7 etc are all algo traders,,yes I agree many margin calls after such a fall from 4370,,feeds on itself sometimes,,,,leverage players are back,,,,(we have learnt nothing but i digress) but as long as they are in the buy position and im long ill ride it :)

    Talking themselves into a Christmas rally
 
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