Here are some more gambles,
On a stock-by-stock basis, we note the following gold stocks as conforming
to the parameters of a bullish parabolic pattern, and therefore ripe
candidates for accumulation: Iamgold [IAM:TO], Agnico-Eagle [AEM:NYSE],
Aur Resources [AUR:TO], Placer Dome [PDG:NYSE], Battle Mountain
[BMG:NYSE,which appears to be accumulated at around $2.06],
Geomaque Exploration [GEO:TO], Lihir Gold ADR [LIHRY:OTC, a big
breakout candidate], and Cambior Inc. [CBJ:AMEX].
Among golds to avoid: El Dorado Gold [ELD:TO], which appears to be
undergoing a distribution campaign around $0.70/share (where trading
volume tends to be highest), and Campbell Resources [CCH:NYSE], which
saw a huge runup in share price last week on extremely low
volume-obviously a bull trap.
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