SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: yard_man who wrote (215464)1/17/2003 6:59:00 PM
From: lisalisalisa  Read Replies (1) of 436258
 
HUI below 100 would mean the gold bull is over perhaps IMO...

BTW..look at this 2 year chart of the HUI..notice when the last time the 50 and 200 MA's converged we had a sharp move up...just like we did this time...then there was a sideways to down consolidation before the next sharp move up...the consolidation periods then and now look very similar to me....besides most gold stocks remain above their 50 MA's, I am still giving them more room to wiggle about before I sell much...

stockcharts.com[h,a]dallyyay[de][pb200!b50,200][vc60][iUb14!Lp14,3,3]&pref=G

Also on kitco message board bearish sentiment is pretty strong considering the move we had in the HUI of the last couple months....I even feel bearish, but am resisting the urge to sell....for now at least :)

all that being said, one should always take the opportunity to sell the yellow stuff at the highs, the lows whenever...it is never a bad day to sell gold....<g>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext