Masterful,
Don't confuse fundamental analysis...
"..The overnight drop in bullion prices of USD10 couldn't possibly translate into an 8% rout of the NCM share price..."
with trading swings.
NCM and probably FMG are the best trading stocks on the ASX at present. Great volumes; metal prices; classic chart set-ups; USD/AUD xrates; and sentiment all rolled together.
Cheers, Skip