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Gold/Mining/Energy : CUMBERLAND RESOURCES (CBD)
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To: TheBusDriver who wrote (319)6/9/2003 9:42:02 PM
From: stonecrop  Read Replies (1) of 393
 
I'll post the crosses on this board so as not to clutter the other one up.

T 20030609 14:38:23 2.90 0.08 66000 27 Dundee 27 Dundee

Notice how all the recent news flurries came out before the AGM meeting.CBD has been written up by a few houses lately.As Russ Winter has mentioned,maybe a "churning their customers" action, has sparked the attention of investors within these houses.Buyers controlled the action today by judging the candle formed, with resistance straight ahead.

Of course we should see a correction(nothing goes straight up) to this run here, hopefully CBD can inch up(with this drilling program) and form bases along the way with positive news such as what we've had lately.Things are looking better from a fundamental point of view.

The POG going down would have CBD go down with it obviously though.It has bucked the trend the last few days.What do all these crosses mean,re:positioning from within houses(??) Wish I could understand it better.
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