vert, would the chart indicate more pinch before the pop?
not trying to be a comic, though there is a hint of humor there, what with it being the antidote to fear and all that. markets are exhibiting quite a bit of fear atm.
the reality is that coal as a commodity is undergoing major strucural adjustments in price. demand is increasing, while supply is diminishing, for a while at least.
no surprise why, given the happening's in qld/nsw/vic and the super-cold in russia. so 'black gold' has a big future, pinch or pop.
as does mnm.
as does iron ore...
MNM Price at posting:
20.3¢ Sentiment: Buy Disclosure: Held
