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Strategies & Market Trends : Ask DrBob

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To: gongoman who wrote (61554)6/13/2002 5:58:42 PM
From: Louis V. Lambrecht  Read Replies (3) of 100058
 
gomgomike - try something else.
I am working on my hardware in place of eating my fingers.
Goild and indexes are testing support.
But some oogly patterns appear.
On some charts we could be up making a right shoulder, so there is risk to the downside.
OTOH, we still can call current prices a consolidation.

I am keeping the PoG/XAU on watch: 4 is an acceptable ratio currently.
June 04, Pog/XAU was 3.66, heavy premium on the miners.
Currently PoG/XAU stands 4.3, cheapo miners.

I have not the balls to load up some more tho.
Here is how I am doing:
siliconinvestor.com

Should start to add some explorers and lighten up on mainstream cos.

Tonge in cheek, dunno.
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