"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Friday, December 18, 2009

MFN

I see a chart like this and I wonder 'okay, what not so good news is on the way?' Perhaps a share financing to retire some debt? Perhaps another downward guidance of expectations? Ah, the possibilities.

I own a modest amount of MFN and could be convinced to own more, depending on what's coming. Technically, it's not looking so good though. Short term at least.