CCU 0.00% 5.8¢ cobar consolidated resources limited

novemeber production numbers, page-19

  1. 1,013 Posts.
    Are you people not seeing what is happening in the markets?????

    ASX just broke crucial resistance and the DOW down 800 points....

    This is called a buying opportunity. Dont take my advice though but have a look around or don't trade shares. For the old hands, this fall in the share price has little to do with CCU and everything to do with global markets in the last week.

    The global market technicals are looking decidedly bad, The markets may get one more rally in before xmas to complete a multi decade jaws of death pattern and soon after there may well be a fall which makes 2008 seem like a zit on the end of your nose.

    A Hindenburg omen was confirmed this week, you can read about these on wiki or Mchughs technical indicator website. this article was about the last event in July but contains some interesting observations.

    https://www.technicalindicatorindex.com/subscribers/guest-articles/Hindenburg%20Article%20JUly%2024th%2C%202012%20McHugh.pdf

    CCU will do better than most on the ASX, particularly if silver holds as strong as it has been. You may even get these in the 40's as the inexperienced sell with fright.... A few of us will be waiting to buy when most are selling.
    That will remind me of buying Troy resources in 2009 at 95c... suckers....
 
watchlist Created with Sketch. Add CCU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.