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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: isopatch who wrote (89044)3/22/2001 8:57:24 AM
From: Ditchdigger  Read Replies (2) of 95453
 
Am I the only one who can see the risk of the $xau breaking support at 46 and possibly retesting 42(where the real moment of truth lies)? Buying gold stocks at what could be near bottom in the naz and general market indexes doesn't make sense to me..BWDIK..good luck (judging from where the xau stands at 49.7, at the intersection of bullish support and bearish resistance..I don't see the "slam dunk, lay up"
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