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 (1214)	1/8/2004 11:31:08 PM
From: Wade	Read Replies (1) of 48092

USDX:85.56 POG:$423.42 POS:$6.23 I have increased my silver stocks holdings significantly during the pull backs, instead of buying SA golds during the last several days. These are risky moves while POS is in parabolic move. Please take a look at the charts of POG/SPX and POS/SPX: stockcharts.com[w,a]daclyyay[de][pb50!b200][vc60][iUb14!La12,26,9]&pref=G and stockcharts.com[w,a]daclyyay[de][pb50!b200][vc60][iUb14!La12,26,9]&pref=G Lately, POS apparently out performed POG by a large margin...as we can see in the POS/POG chart: stockcharts.com[w,a]daclyyay[de][pb50!b200][vc60][iUb14!La12,26,9]&pref=G The reason I made such adjustment is that USDX showed us its endless bottom waiting to be filled. Despite over sold condition of USDX, I believe the trend will continue for a while before we see a real correction. The recent small bumps really did not change the short and mid term courses. I believe none of our T/A methods show any sign of reversal. I own CDE, PAAS and SSRI which are about 30% of my investment. I also noticed that the silver stocks are the best day-trading selections lately. Good investing. Wade

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