michael_selway said:I think thsi might turn out to be a good buying opportunity when dust settles, so fortunately for some like yourself. It happened in Feb 06 so i cant see why this wouldnt be the same. Heading into 2007/2008 would imo be the danger years for an irrecoverable crash
thx
MS
Kipp said:Been a horrible week on the ZFX train... but if kitco is right on prices then I think we should see some Green today. Been very hard to concentrate at work for me *ZFX was 13.50 on Friday!
Will post yogis chart from a month ago... he actually picked this one with one of his freaky charts.
Yup,yogi-in-oz said:
Hi folks,
ZFX ..... expecting it to hit a brick wall,
on 18 May 2006 ..... ???
Chart for ZFX, at:
Click here for ZFX chart .....
have a great weekend
yogi
Kipp said:Yup,
here it is... don't understand the chart but ZFX certainly hit a wall... unless of course there is another wall to be hit tomorrow!!!
Seems to have a bit more creedence now doesn't he MS!michael_selway said:Yeah, btw yogi-in-oz
what does the stars say now about ZFX for the rest of the year?
thx
MS
yogi-in-oz said:
Hi folks,
ZFX ..... expecting it to hit a brick wall,
on 18 May 2006 ..... ???
Chart for ZFX, at:
Click here for ZFX chart .....
have a great weekend
yogi
zzkazu said:I agree, thats why I'm currently shorting ZFX. 10.39% in three days. But really short term trade for me..
Out probably within thw week
zzkazu
MalteseBull said:In today's Hearld Sun
ZINIFEX: Peter Russell, of Intersuisse, said the share price of zinc producer Zinifex has fallen almost 30 per cent from a high of $13.54.
"Zinifex is one of the world's biggest zinc producers at a time of limited new production," he said.
"We expect rising zinc prices to flow through to a strong share price recovery for this profitable company."
GreatPig said:Keep an eye on the next high point, as there could potentially be a head and shoulders developing here.
GP
GreatPig said:Head and shoulders is a strong reversal pattern, meaning it is likely to go significantly lower. The target low point is the distance from the top of the head to the neck-line down again below the neck-line.
A H&S pattern is not confirmed though until the right shoulder drops back below the neck-line. For ZFX, that could be around $9, or possibly $10 if you ignore the extreme lows of 4 & 5 days ago.
Here's an example of a small head and shoulders in FMG recently.
GP
You can also have a head & shoulders bottom, which in that case would be upside down (ie. standing on head).michael_selway said:what do u call "H&S" that goes significantly higher?
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