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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: zamboz who wrote (22918)10/16/2010 1:31:12 PM
From: Scoobah  Read Replies (1) of 48092
 
FWIW,

I read both gold and silver as having both gone parabolic,

the only think missing is big heavy volume gap action, which a lot of people are waiting for, in order to sell into the frenzy,

because of the sheer size of the investment guru's holding reportedly much of their net worth in metals, there is the potential for a much greater dampening effect than previous euphoric frenzies.

I am not bearish, just cautious. I want to make sure I have enough ammo in hand for heavy volume swings, in case they come offered,

in the meantime,
it's October,
great golf weather,

and its almost tee time,

Steve
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