Ed - any rumours, maybe ders more pots and pans cores with 26 metres dis time, that cheer usins up a bit, no?
Intraday charts don't indicate enough insider trading to tell me that anything is really going on, but in this market, hard to say.
Perhaps we're seeing a little bit o da dead cat bounce after yesterdays crash. On the otherhands if there is something good coming, then the volume could be explained by the shorts buying back to get ready for the mother-of-all runs.
XAU just crashed down into 65 territory, we're on about a 20 degree descent slope here, estimate the time of contact with ground barring engine restart at about mid-98.
Got some cheap Placer here at $15.70, Barrick at $22.50 but looks like those birds are all flocking together to go further south, Inco worht less in market cap than the Voiseys bay discovery, dis not be good all round day for de markets. Just think there is the rest of this week, all next week, the following week, the week after dat, and couple more days for this to continue before Santa comes to bring in da mother-of-all tax losses. |
