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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 398.26+0.5%Jan 2 4:00 PM EST
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To: re3 who wrote (317)10/11/2003 11:43:05 PM
From: Little Joe   of 29622
 
Been watching for a while, thinking that the reason the stock was lower was the trouble at the mine and that should resolve itself and provide a great buying opportunity. But as Andrew points out the chart just sucks. The best you can say is that it is oversold and there is strong support at 15. If you like to bottom fish, you could buy near 15 with a close stop, but that is not my style.

There is one positive note that I can see it looks like the downside triangle breakout has been aborted and that could mean an end around, which could be explosive. But this is long shot.

Little joe
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