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Wednesday, February 29, 2012
Newmont (NEM) still holding support zone...
I have not bought NEM (preferring for now, the royalty model of RGLD, SLW, etc.), but still keep an eye on its chart, which continues to look good. If the chart wants to do what I tell it to do, NEM 'should' bounce here at the EMA 200. If it does, the target is around 68.