You need to register separately on the Chart Forum
- see Chart Forum Help
Edit Profile Profile Help Help
Forum Rules Forum Rules Advanced Help/Instructions Advanced Help
Search Last 1|3|7 Days Latest Posts Latest Posts
Search Search Forum Tree View Tree View
   

NCM and the HUI

Chart Forum » Stocks - ASX: short term (strictly TA) » Archive through April 03, 2011 » NCM and the HUI

««  «  Previous  Next  »  »»


 
Thread  
Last Poster Posts Pages Last Post
  ClosedClosed: New threads not accepted on this page        

Author Message

Top of pagePrevious messageNext messageBottom of page Link to this message
archer
Member
Username: archer

Post Number: 2166
Registered: 11-2002

Rating: N/A
Votes: 0


Friday, October 15, 2010 - 03:33 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



NCM now has a target well above 60 and the HUI 850
It could be quite fast too considering the length of the accumulation
ncm
hui


Top of pagePrevious messageNext messageBottom of page Link to this message
archer
Member
Username: archer

Post Number: 2167
Registered: 11-2002

Rating: N/A
Votes: 0


Friday, November 05, 2010 - 12:58 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Gold is back at new highs but silver is up a remarkable
10% in just the last 2 days
Gold stocks are finally starting to outperform
They have some catching up to do







Top of pagePrevious messageNext messageBottom of page Link to this message
ken
Member
Username: ken

Post Number: 711
Registered: 04-2003

Rating: N/A
Votes: 0


Sunday, November 07, 2010 - 07:20 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Archer,

The Aussie gold stocks have no rise in the AUD gold price to catch up to. ETF GOLD (1/10th of an ounce of gold) has been between 130 and 136 for the last 2 months.


Top of pagePrevious messageNext messageBottom of page Link to this message
archer
Member
Username: archer

Post Number: 2168
Registered: 11-2002

Rating: N/A
Votes: 0


Sunday, November 07, 2010 - 09:55 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Hi Ken
I agree with you in theory but the markets dont as NCM has
a MUCH closer correlation to the HUI than it does to the OZ
dollar price of gold

Check the charts for yourself-you will be amazed how
similar NCMs chart looks compared to HUI
and how dissimilar its looks to the OZ dollar gold chart

Then compare the HUI chart to the U.S dollar price of gold
and you will see the last 3 times the HUI was at the 500
level the U.S dollar price of gold was at 1100,1200 and 1250 dollars respectively,so now with gold at least 150
higher the HUI has some catching up to do and therefore
NCM will follow
Thats why NCM is at an all time high yet the OZ dollar
price of gold is WELL below its all time high

OZ dol gold


Top of pagePrevious messageNext messageBottom of page Link to this message
ken
Member
Username: ken

Post Number: 712
Registered: 04-2003

Rating: N/A
Votes: 0


Monday, November 08, 2010 - 12:06 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



Hi Archer,

Just stirring - I worry though about what happens to smaller gold stocks when the market finds that their AUD revenue is not really increasing and less than they imagined. As they say, the market can stay irrational....

Ken







Top of pagePrevious messageNext messageBottom of page Link to this message
archer
Member
Username: archer

Post Number: 2169
Registered: 11-2002

Rating: N/A
Votes: 0


Tuesday, November 09, 2010 - 09:24 pm:Edit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



OZ dollar price is starting to move now too Ken
Im hopeless with funnymentals so i have to rely on the charts to tell
me which golds are good and which to stay away from
Take CTO for example-10 mil oz gold in the ground it should be a great
stock fundamentally but technically its chart has sucked for a long time
so its a no touchee for me
But i think when the mania phase of this gold and silver bull starts and the
public starts to get involved(thats maybe a few years of yet) then it just
wont matter just as long as the word gold is involved how fundamentally
bad the stock is it will still make you many multiples on your investment
And of course the best ones will make you rich
And some will in the future be paying huge divi;s as well

 
Other Threads  
Last PosterPostsPagesLast Post
FMSbreaker_108-Dec-10  09:00 pm
CXC - Coeur D'Alene Minesjimmyswell10 08-Dec-10  04:28 pm
TGRivor08-Dec-10  09:06 am
2010...Sept to Dec Challenge...week 10gdd339 07-Dec-10  12:07 am
RRLbreaker_103-Dec-10  08:11 am
MLBivor02-Dec-10  01:59 pm
MOCivor02-Dec-10  01:48 pm
2010...Sept to Dec Challenge...week 9ehmu46 29-Nov-10  03:51 am
FAR ...Far Ltdgdd325-Nov-10  12:09 pm
2010...Sept to Dec Challenge...week 8p3t334 20-Nov-10  01:22 pm
Where Is Everyone?stampy18-Nov-10  03:26 pm
CRC - Cortona Resjimmyswell13-Nov-10  12:20 pm
2010...Sept to Dec Challenge...week 7p3t364 13-Nov-10  11:34 am
ADU - Adamus Resources Limiteddennis_menace09-Nov-10  01:22 pm

Threads by Last Post Time:

First Previous 7 8 9 0 1 2 3 4 5 6 7 8 9 0 Next Last

Administration Administration   Log Out Log Out    

««  «  Previous  Next  »  »»