the market driver/curency movements are certainly the main mover...looking for woof woof stocks then look no further than BHP...40% off it's high & a supposed blue chip. well one may argue it's over sold, it is IMO with a small bit more to go, so too is FML, though we are not linked to industrial metals in a stagnant world, our upside is much greater.
I still think gold is in corrective which put us right in the sweet spot between insolvency & maximum leverage & I still feel Gold has one more low to set before heading to new highs above 2k, mind you it can correct to 1200 at the moment & still remain in in the massive upchannel of the last 10 years.
So far the corrective of the last 5 wave advance; it has remained just that, a corrective in both magnitude & wave counts 3.1 is looking quite strong as a floor especially on the market down days we have held flat which to me reads accumulation.
FML Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
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