Re: So... who have we lost? Please respond/Shakey
in response to
by
posted on
Sep 16, 2008 10:04AM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
IMO
NOT's next technical support level goes back to about $1.10.
The charts of S&P Dow etc. all look to be forming dojis today though which usually signals a turnaround even a short one.
Charts work much better on indexes than individual stocks so I'm choosing to believe we will rebound from here. I just don't see even this crazy market taking NOT down to $1.10. However markets can sometimes remain irrational longer than we can remain solvent.
Hope this helps. I'm no expert.
Long on NOT