Newmont Update (NEM)

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Last Update:  25-Feb-09 $NEM - Newmont Mining
Position: Currently Short 1/3rd @ 43  and 1/3rd at 41.50
Resistance: $39, $40, $41.50
Downside Targets/Support: $38, $36, $35 and $33.50
Status: No change, short-term momentum not quite oversold yet suggests downside target of $36 is in play before relief.