<<I don't look at fundamentals, only technicals..NEM is now oversold, I am long at 19 1/16 and 19 1/8....Possible final cleanout in 18.75 area, but that is all she wrote, IMHO...Shorts should prepare to cover...Oh, yes, everyone is looking for 17.50, everyone is bearish, the end has come...Thus now is the time to buy...Regards, TATRADER >>
TA,
don't think so, but may be near it. reasons:
a) mining companies have grown no balls yet, they must be ready to take another quarter's hit and stop 50-75% of forward sales.
b) blood ain't runnin' in the streets - don't get me wrong, it's 10K% more ugly than anything the internets could deal with, but they need to get rid of 10-20% more of the bugs or temp. bugs - when the rest of the world is gone, the only thing remaining will be the bugs
c. I've only taken a lite tax loss, have not jumped out the window, bitten the shot gun barrel yet, or given up snd sold out yet.
one or two more mergers. |
