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.
Strategies & Market Trends : Strictly: Drilling II

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: terry richardson who wrote (26845)1/27/2003 10:12:59 PM
From: ItsAllCyclical  Read Replies (1) of 36161
 
>> Jim Sinclair has just published an excellent piece which explains the rise in gold and the lackluster action in the unhedged shares. <<

Most of the short interest figures are from mid Jan. They don't show the relationship necessary for Sinclair's hypothesis to be a major factor (imho).

I suspect that we'll need one more pullback (at the minimum) before breakout, but we should know more this week. If gold stocks can't breakout this week then odds are very high for a retest of HUI 138 ish.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext