uncertain expected news , page-4

thewogboy
......if this week is a volatile week for shares I would hate to think what the last 2 months are classified as.
Do traders REALLY base their investment on a headline???.
Buy Buy Sell Sell Sell no Buy Sell.
Yada Yada, yeah the awful truth is coming out about some aspects of world economies, the ones that count will sustain their recovery.
PNA is copper and gold. Copper is a commodity here to stay. That is indisputable. It's price fluctuates like any other commodity in life. It's use in society is it's fundamental, pure and simple.
The hype is on gold. One IMPORTANT fact to remember. 75% of gold is COSMETIC, jewellry. Industry uses about 15%. Sure, more banks and investors will hold more in the future as a hedge against crashes, after all, it will always physically be with you, even in a fire- just a different shape. BUT, it IS an over rated commodity.
PNA's forte is copper and as such DULL, what ever affects PNA's price 'next week' will affect all SPs, not that I believe your cryptic posts ever reveal any insight.
Please read this week's article in BRW about Algorythmic Trading. NOTE: no matter how 'flash' a programme is, it will only EVER work with ONE HUMAN quality, sentiment.
Don't always 'run for the hills' on the slightest 'bad news', do your research and keep it in perspective because you will eventually run out of high ground.
IMO PNA is a good stock, still holding and have bought more which I use to T+1 'til my main holding 'matures'. Good luck to all. :)))