NCM
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0.00% $23.35 newcrest mining limited

Rebound close to $ 40 and we could be back in business tomorrow....

  1. GoGlenroy
    848 Posts.
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    27/09/10
    15:31
    Post #: 7247901
    Rebound close to $ 40 and we could be back in business tomorrow. Gold futures $ 1299.4 at the moment. Could see a brake tonight above $ 1300. Might see banks being forced to cover short positions tonight. 25000 gold options in the money tonight if price at or above $ 1300. Will be interesting to see what happens. I am still in. Banks might get burnt tonight.
    NCM Price at posting: $39.61 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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