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Politics : Gold and Silver Stocks and Related Commentary

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To: loantech who wrote (17475)	8/19/2005 8:26:52 PM
From: TrueScouse	Read Replies (1) of 18308

Tom: I think we could get some fireworks by this time next week. On the HUI, the 50-day MA (blue line) is about to cross above the 200-day MA (red), irrespective of what happens to the POG over the next few days... stockcharts.com[w,a]dhoayyay[pb50!b200!d20,2][vc60][iut!ll14!lah12,26,9!la12,26,9!lb14!ld20!lyb20,2.0!lj[$gold]] This is a very simple long-term trend indicator, but one which is followed by a lot of trend-following funds -- so it could trigger a major inflow of money into the PM stocks. The ADX is also low, suggesting that this trend could have quite a long way to run. JMHO. :^) Have a good weekend! Howy

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