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

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To: Andrew who wrote (972)11/7/2003 6:44:43 PM
From: Wade   of 48092
 
Guys,
I am really impressed by the POG actions today. It showed some weakness and bounced back strongly. I am really encouraged.

Before, I left for my out of town trip I was very worried about my gold stocks getting slaughtered, therefore, I placed stop orders, fortunately none of them were triggered. I am glad that we recovered from the fall, gain some new ground, and positioned to higher POG.

I think as long as the 30-year bond yield stay below 7%, we will have very good chance to break out $400 within 2 months. The upward trend line and resistance are narrowing every day. If POG stay with the same pattern, we will see the big boom very soon!!! Good luck.

Sincerely,
Wade
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