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Politics : Welcome to Slider's Dugout
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From: SliderOnTheBlack8/17/2005 12:55:12 PM
   of 50669
 
HUI Goldstock "smackdown" ~

...whodathunkit ?

finance.yahoo.com

...a sea of RED in HUI goldstock-land:


AEM (1.27%)
CDE (1.00%)
EGO (2.80%)
FCX (2.37%)
GFI (3.26%)
GG (2.67%)
GLG (3.23%)
GOLD (2.94%)
GSS (4.28%)
HL (1.98%)
HMY (3.83%)
IAG (0.28%)
KGC (4.28%)
MDG (3.76%)
NEM (1.42%)


For the HUI to pullback and form a solid base at 190ish would actually be a longerterm positive for the Goldstocks.

We have yet to have ANY retest of this move up off of the bottom.....THAT MUST HAPPEN BEFORE WE GO TO NEW HIGHS in the HUI.

Commercials... have some ammo to utilize on the Short Side for a POG Smackdown... we didn't get the reaction on the TIC in the US Dollar that Gold bulls needed... a great time to have the Profits Safely in the BANK... and to be sitting in the "Cat Bird" seat... patiently waiting for opportunity, or for the Market to make another mistake.

I think Gold-Pigs (as oppossed to Gold-Bulls, or Bugs) need to watch Copper & Oil closely here - as Gold followed their lead to the upside...and there is no reason think that it won't rollover heavy to the downside if we see profit taking and a pullback in Oil and Copper.

Goldstocks have followed Gold the Metal and Gold the Metal, has itself, also been a follower and not a leader - so watch the "leaders" -

The US Dollar, Copper and Oil.

....aint nothing sweeter than buying 'em back cheaper...other than when we get to buy them back cheaper from the chihuahua pom-pom wavers left holding the Cash-is-Trash "bag" under the porch...and at the Tops.

Slider`
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