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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who started this subject4/16/2003 12:59:39 PM
From: loantech  Read Replies (2) of 39344
 
Time to sell!!!!!!!!!!!:
Message 18847383
From: SliderOnTheBlack Wednesday, Apr 16, 2003 11:25 AM
Respond to of 30303

GOLD TREND ?
...as noted by Richard Russell, B-O-T-H the POG & HUI levels are below their 200dma...ie: Earth to Gold-Bulls:

The "BULL TREND" in Gold AND Gold-stocks....HAS BEEN BROKEN.

gold-eagle.com

["The 200-day moving average for June gold stands at 331.18...

...The 200-day MA for HUI stands at 126.10, while HUI as I write is trading at 124.33. "]

An interesting point of information; amazingly, Sinclair, Uncle Harry, Russell and the myriad of wannabe's all are guilty of a little bit of " technical revisionism"...ie: each & every one of them pounded the table all the way down for goldbulls not to be worried, not to sell, or get shaken out of their precious gold/goldstocks as long as the 200dma's were intact for POG & the HUI.

...well hello ? - they no longer are, but that hasn't kept Sinclair, Uncle Harry, Russell et-al from failing to walk their earlier talk...and still remain bullish here - into the face of the PRIMARY BULL TREND for BOTH Gold AND Goldstocks being - B-R-O-K-E-N !?!?!?!?

- whodathunkit ?
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