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opnion

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opnion

Re: gtober post# 256

Monday, 08/01/2005 11:51:17 AM

Monday, August 01, 2005 11:51:17 AM

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While at first glance NEM may look like a perfect short , on the longer term view one should be careful.Notice the 2 bottoms in may and the topping out process in november to january of each year at 50ish. If 50 is tested again it should be taken this time I believe. Nem could dip down to the low 30's and still be ok chartwise. IMO
http://stockcharts.com/webcgi/Pnf.asp?S=NEM&Y=U&B=1.4&N=A&C=2


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