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: chowder who wrote (6156)	1/23/2002 4:39:20 PM
From: herry iball	Read Replies (1) of 206191

BJS: nice recovery today off consolidation/support @ 25.68, on good volume. I see the selling volume tapered off prior to today's move. Closed above the 10dma, should see some resistance at the 50dma which is hitting the 200dma (downsloping). The 20dma also turned down and is approaching an area where the 50/200 are bumping into each other. So, based on what you've said in some of your posts, the bounce is not sustainable with the moving average congestion above to act as resistance.

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