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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Andrew who wrote (21691)10/4/2003 12:19:57 PM
From: Little Joe  Read Replies (1) of 39344
 
"Usually bottoms are more volatile as you will note on a chart of the VIX."

Not sure that chart proves your point. I am not even sure what it measures.

As for the move down in gold not lasting. First: my analysis is limited to HUI, Second: I said it was a short term analysis, ergo the charts are not saying at this time that the down move will last long. This could change as the situation develops. My best guess is that we will see some recovery on Monday, but we will still see lower prices before the gold stock market reverses upward.

Little joe
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