BCN 2.13% 2.3¢ beacon minerals limited

where's towie, page-2

  1. 6,025 Posts.
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    very simple, we're oversold as per RSI, but given the mass overseas exodus & lemmings jumping off cliffs, we may see a few 0.1s lower for bargain hunters.
    I was thinking last night our bull run was for 13 months (a fib number) so I'm thinking our bear will run for either 5 or 8 months so we could possibly see the technical end of the bear in either september or december. Me might find a temporary floor for the XAO at 4280 today. Very interesting times indeed. This dip on the XAO should coinside with our low of the year on the basis that the foriegn money will be out & most of us are willing to ride it out, plenty of bargain hunters already queuing between 1.5 & 2c

    Sad to see that it seems our gold speckies go out of favour because our currency is heavily linked to industrial metals.

    XGD is also in corrective, I'm thinking a 5 wave sideways corrective before another leg up.
 
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