In general, remain of the view that the markets are marking out some kind of near term top. On the long side, hoping for opportunities to buy ALZ at $0.40 and IIN at $1.60.
Have sold out of NCM - been trading gold like a dog. The key to near term market direction is the USD - and it looks to me like its found a bottom (supported by the fact that bearish sentiment in the USD is at an extreme).
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