NCM was listed a couple of days ago in a popular media show as one of the hottest bargains out there ATM. That would be a big reason for its sudden popularity.
VAU - Vault Minerals
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NCM was listed a couple of days ago in a popular media show as one of the hottest bargains out there ATM. That would be a big reason for its sudden popularity.
Trembling Hand
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I've left the only bit that matters. When that condition is true you'll find the techies interested. The rest of what you're saying is rubbish.
What you didn't add was that's it's your opinion that it's rubbish. Which really don't count for much
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My guess is that some commentators are saying QE3 is iminent and very soon!
There is a week or so for that to run so could support and lift till it dissapoints.
Trembling Hand
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Of coarse they have the right to state that about RED and as with the likes of Newcrest there'll be those that hold RED as a long term. I'm not in that boat. I've been in and out of RED on it's down trend but the main reason i do trade with RED is because of it's fundamentals. If i could read the cyrstal ball like Tech & Boogo i would have waited a bit longer before buying back in again.
I've agreed with some of their comments except when they become personal attacks. Noone likes to be called a liar ect
And where has anyone said they didn't have the right to state holders of RED are silly in their opinion.
It's exactly that just their opinion.
I just dont see any ramping on this thread nor do i understand why Tech & Boogo visit the thread as they only posts charts and say i told you so we can balance the what? Fundamentals? The trend? Dont see any ramping here just a lot of i told you so or Beatle owes me a house or RED holders should by more which in fact i have now a base cost of $1.28 Unless Tech calls me a liar again then they are whatever he thinks they are you'll probably agree.
Might help better if you read all the posts Trembling Hand.
Trembling Hand
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I have.
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Well, they, especially Tech gave a possible bottom fishing buy entry with a parachute, after showing patience with the unfair value being given to it by the market for months.
Seems it could be becoming interesting.
Time to get a little excited, but use a parachute just in case it's a premature ejaculation.
Mines at 108
you seen the price of BHP lately? RIO? NCM? i guess they all must be speccies too?
and FACT is that prices dropped cos of the first round of greek elections. IF that didnt occur RED wouldnt be sitting at 1.135.
at the same time i will say, dec or jan this year when red was 1.50's and dropping, tech predicted it would drop until next support level pretty much where it is now. within a few eeks it was near 2.00 cos of announcements. IF those announcement didnt come, maybe it would have dropped to his levels....who knows. but i do know it didnt, it climbed up to 2.39.
FACT is that those unknown IF's have a major say on the direction of a stock, and they are something that you can never find in your chart. unless like i said previously, the environment is much more stable, and these announcements dont have such a major impact.
The fundamentals are best for determining when to buy. the techies win out when determining when a good time to sell.
prawn_86
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Mrlister, if you want to discuss other stocks please do so in their individual threads. In fact we would love more posts to do with the larger/top 20 end of the market. Or why not provide a breakdown of the correlations between RED and these stocks?
Back on topic please folks. This thread is about RED and it's analysis be it FA, TA, positive, or negative. Please discuss the stock, not others posting styles and reasons
how about a little consistency? have a run through the past 30 posts and you will find multiple other stocks discussed. heck go back 10 and NCM was!!
this place cracks me up.
PS reference to those stocks was to outline the status of the market as a whole. i dont care to discuss those stocks in particular.
prawn_86
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Hence why i have asked for this thread to get back on topic and discuss RED. Or if you are going to discuss other stocks in relation to RED, please make sure we know what the connection is (which has been done in a lot of the previous posts). EG NCM gold miner, RED aspiring gold miner.
Or for those doing technicals, or pairs trading they could post correlations between RED and other top 20 stocks to see if it is a industry wide thing or if RED is different to the 'crowd'
tech/a
No Ordinary Duck
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So you still have your stop to sell everything at $1?
(Wow Ive been busy and this thread has taken off---lots of meaty stuff to comment on when Im not busy!).
Hmm I've heard the opposite that QE3 wont help the situation and wont happen.
Euro drops and the US$ rises Gold drops. Gold has been following the Euro trend. Scarey thought if the Euro collapses.
I hope your right with QE3 tho then Gold goes back it's highs and RED also will gain good ground.imo
Where's that cyrstal ball again?
Depends on the circumstances.
Trembling Hand
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I never said RED was anything other than in a down trend.
Geez!!
I don't think you have a clue what T/A is about. Its about working with the IFs what ever they may be not excusing them. In relation to RED some peoples fundamentals have them in RED and its going down! T/A has people out not losing money, either capital or open profit. Nothing more needs to be said about it really.
But hope for you todays has been the ignition of the rocket lots are waiting for.
tech/a
No Ordinary Duck
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Which as an example would be??--where you wouldnt take your B/E loss?
Youd move the goal posts. Bottom draw it.