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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Little Joe who wrote (11497)5/26/2003 10:08:04 PM
From: crustyoldprospector  Read Replies (2) of 39344
 
"... and right now I think it is due for another correction. None the less this market is acting like a bull not a bear."

So LJ, it sounds like you might agree with this comment by George Cole:

"I still think we will see a sharp correction soon. But if I am wrong and it really is different this time -- POG probably will move above $400 in a matter of weeks. Down or up from here we are not going to stay at $370 very long IMHO."

When I look at most individual charts, I see overbought territory, but no flattening yet to speak of, let alone rolling over. We could levitate a couple more weeks yet, and if the dollar keeps going down and POG up, that may make mighty interesting first week of June.

link to George Cole's comment:
investorshub.com
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