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Gold/Mining/Energy : Gold Price Monitor

GDXJ 115.14

+1.2%

Dec 30 4:00 PM EST

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To: Zardoz who wrote (51314)	4/11/2000 6:00:00 PM
From: bobby beara	Read Replies (3) of 116836

>>.In the last 700+ posts here, the amount of information and discussion has been less then informative<<< Hutch here's something that may be informative about the recent sleepy state of boring gold and gold stocks. gold stock up/down volume just a few days ago reached an oversold level seen in only 74 of last 5088 trading days (i'll let you figure out for yourself how close those 74 days were to bottoms -g-) everybody hates it and it's getting very sold out, there is a nice triangle on the nem chart and we are also seeing a momentum divergence between the mo low in late jan and the current price low, i believe a very tradeable bounce is just ahead. b

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