Big Dog's Boom Boom Room Message Board

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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: CommanderCricket who wrote (2311)	6/23/2001 2:31:21 PM
From: chowder	Read Replies (1) of 206189

Hi CC! GW is clearly oversold and it may stay that way for a few days. The stock is no longer marginable and some people will have to put more cash in their accounts or sell the stock. This may put more downward pressure on the stock. The candlestick chart you posted indicated more selling is to come. The Chaikin Money Flow Indicator (CMF) also shows large money outflows, almost doubling the day before. Some funds may have to liquidate here due to the stock closing under $5. In any event, outflows of this size don't turn on a dime. GW needs a catalyst. stockcharts.com[h,a]djclyimy[pc25!c50!c200!f][vc60][iut!Ub14!Ua12,26,9!Lk14!Ll14!Lc20!Lh14,3!Lg] dabum

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