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: Andrew who wrote (1184)	12/18/2003 7:50:24 PM
From: Wade	Read Replies (3) of 48092

Andrew and all. Please comment on this chart if you have time. stockcharts.com[w,a]daclyyay[df][pb50!b200][vc60][iUb14!La12,26,9]&pref=G The price of this chart is the POG in Rand. The 3-year chart indicated that Rand gold is breaking out the down trend. And it is clearly indicated that the actions are supported by a inclining 3-year support line, which connects three sharp bottoms at Feb. 01, May 03, and Dec. 03. Now, the wedge pins Rand gold into a corner at this point. All of the signs indicate breaking out to the up-side, imho. We may see either slow or vary rapid movement, which depends on the trading activities of the currency speculators. We may see very sharp rise of Rand gold over night if the Rand currency traders decide to pull out suddenly. I bought as much HMY as I could today. Good luck. Wade

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