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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.44-1.2%Nov 14 4:00 PM EST

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To: long-gone who wrote (88506)8/3/2002 2:24:40 AM
From: goldsheet  Read Replies (3) of 116762
 
> While you've been very accurate UNTIL the last series of moves,,,

I said three accurate things:
1) take profits in early June
2) a big drop in overall stock market would cause folks to get out of gold stocks
3) we were going back to test XAU 60 level.

What last series of moves ?
Markets are trying to hold above support levels of $300 gold and XAU 60, and bouncing around a little.
This is consistent with what I have previously said.
No obvious trend, yet, unless sideways counts as a trend.

> dare you tell us what is next?

Already did, over and over, several times.
We have seen the top in both gold, gold stocks, silver and silver stocks for 2002, and we are now in a basing and trading market. You are not going to find stocks like you did a year ago that have the potential to triple, quadruple, or better.
Trade the stuff, frequently take profits, and be happy !
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