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 (1366)	3/11/2004 9:10:42 PM
From: Wade	Read Replies (1) of 48092

It has been a while I didn't post the POG/SPX chart. We should be very bullish about POG despite weak POG prices lately. Here is the reason: stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60][iUb14!La12,26,9]&pref=G The ratio of POG/SPX bounced back from the critical 0.34 and made a sharp reversal in the last several days. This is the trend indicates that despite the weak POG, the actual value of gold is rising against SP-500. General stock market will be the money source to support POG and POS. We can see the similar trend of POG/NASDAQ: stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60][iUb14!La12,26,9]&pref=G Now, we can see that XAU/SPX is making a positive move: stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60][iUb14!La12,26,9]&pref=G Those are the messages from the markets...right in front of your eyes. Take care. Wade

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