Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Wade who wrote (1075)	11/26/2003 8:48:33 AM
From: Andrew	Read Replies (1) of 48092

stockcharts.com[w,a]wacayyay[df][pd20,2!b40][vc60][iLa12,26,9!Lh14,3]&pref=G I've been thinking that the market is very overextended by every measure of analysis. Technical and fundamental. Technically overbought fundamentally overvalued. Even sentiment is far too bullish. Look at the futures this AM. I have been seeing this pattern now for a while though. Futures jump on data that should indicate rate hikes coming. The futures market is thin and it doesn't always translate into a move at 9:30 or a sustainable move anyhow. Gold on the other hand still gets bashed in the media and we climb a wall of worry.

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