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Gold/Mining/Energy : Gold Price Monitor

GDXJ 128.04

+0.7%

Jan 16 4:00 PM EST

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To: long-gone who wrote (61359)	11/27/2000 12:24:06 PM
From: Rarebird	Read Replies (1) of 116861

Richard, when a stock hits a trendline, it suggests that investors/traders will reevaluate the stock's fundamentals. A case in point is PDG at the $9.25 level. There are other gold stocks at this crucial juncture. At this point, it is put up or shut up for the Gold Stocks. If trendline resistance cannot be broken on a day when the POG is up close to $4, then the rally is over for the short term. I'll call it a Bear Rally then. The trading session is still young and I have come to no conclusion yet. PDG will tell me the short term direction for Gold.

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