Hi Sircorp, Nice close on NRT tonight, don't you think? My opinion is that we have a nice orderly profit take on all three .Everything is textbook; pennants on falling volume and as long as it does not drag out into one of those interminable sideways drifts things should be good . My money is on some form of consolidation as we are right on the five year downtrend . A break from such a significant feature could put the shorts in the workhouse for a number of years. lol. There is a lot of silly chatter about , especially from a particlarly moronic commentator on some Aussie newspaper. What is unquestionably obvious is that the single buyer who took a load of NVGN home for the weekend last week acted well in advance of the blog being made known. So we can discount any of the pathetic nonsense about a pump . No one with any money to spend has been able to get any because the whole affair has been hijacked by the BOT for some time . A liquidity burst had to be instigated by some one and small fry cant do that because the next day , or sooner they get sent back to square one . It is quite obvious that someone wants liquidity so that they can get lots and there is only one reason why big fish will risk that . The real deal is is imminent. Just my thoughts , though.
NRT Price at posting:
77.2¢ Sentiment: ST Buy Disclosure: Held
