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harmony

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can anybody advise why this stock is not moving any problems
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apart from the technicals (a strong resistance line since November 2006) the golds keep getting frustrated by the gold price - they are trying to anticipate a move in gold when gold looks like it is about to move and then when it doesnt happen they get dumped. (my conjecture which is actaully totally irrelevant) The point is the shorterm downtrend harmony is in tact....wait for a confirmation of a reversal
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Contributor
You have heard the Technical Analysis side :Now for the Fundamental arguement , Most of the gold shares HAR,GFI,ANG are unable to improve there Earning even though gold price has done well this year ..Main reason is cost have been on the up per ton...
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Frequent Contributor
Cost and arrogance UP per ton
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Super Contributor
Arrogance can make you a winner - you won the "@sshole of the month" competition for Feb '07. Congratulations !!
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