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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 385.42

-0.3%

4:00 PM EST

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To: Andrew who wrote (1136)	1/16/2004 11:28:54 AM
From: AugustWest	Read Replies (2) of 29622

I agree sub 400 looks to be in the cards. Whether stocks have bottomed out here or not is another question. My guess is that we will be going lower on most of them. The key here though is to note those that are bouncing back now the quickest and strongest. Pay attention to those for the next bottom. I'm eyeing up BGO PAAS and PMU so far this morning Surprisingly enough, GG is also jumping up on some pretty good volume too. edit: Looking over my pages here I see CBJ is finally showing some positive action. After their earnings last week perhaps weak hands have exited it. FWIW, I didn't like the size of their hedge the yare carying though.

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