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: Yogizuna who wrote (1387)	4/13/2004 8:37:07 PM
From: Wade	Read Replies (1) of 48092

Yogi, Thanks for the hourly XAU chart. I see your point. POG finally pulled back to 405 to 410 range and formed the right shoulder which we are afraid of seeing. <G> Yes, it is hard to guess the bottom at here. But, some one has to try to find out. lol PDG is right on the uptrend line. I consider this is a good shake out. It will take longer then I expected to rally back to the new high. But, I still think early May is the target if the time span of the left shoulder is the reference. I plan to add more PMPIX if POG stays at here or pulls down again tomorrow. I don't have my charting tools at work, that was why I didn't buy too much of XLE, BHI and WFT today. I'll keep on nibbling to build my oil/gas portfolio. Good luck. <My stomach is still churning from 1987! :) I just began to learn investing without a share of stocks at that time. But, I was impressed by the power of that down trend. Good luck. Wade

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