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Gold/Mining/Energy : Precious and Base Metal Investing

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To: gold$10k who wrote (12656)	6/18/2003 5:11:30 PM
From: jimsioi	Read Replies (3) of 39344

Valutrader, "best" and most likely sideways... With gold unable to get through $364 and slammed when it attempts such folly as to rise to that level in the face of persistent commercial short sales, going sideways will be good. Several dents showed up in the indicators I follow suggesting momentum peak was reached yesterday. A pull back, build up in negativity, volume contraction then another push. The HUI's ratio to GOLD (point 43) is at the higher end of the scale and a pullback / consolidation after a break out would be the normal technical expectation. Getting something different will be type of surprise one has to pay attention to...bwdik....pretending more than a little is dangerous. HUI - see the DMI and RSI.. stockcharts.com[h,a]dbcaynay[dc][pc50!c200!c20!c13!f][iut!Ul14!Ub14!Lh14,3!Ll14!Ld20!Lya7,14,28]&pref=G See the GOLD / HUI ratio stockcharts.com[h,a]dbcaynay[de][pb40!c200!f][iut!Uf!Lb14!Lh14,3!Ll14!Ld20!Lya7,14,28]&pref=G

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