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Non-Tech : The Woodshed

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To: nspolar who wrote (6034)	5/5/2004 9:10:38 PM
From: SwampDogg	Read Replies (2) of 60918

<<The weekly momenentum (sic) is finally turning, and brother it is deep. The Weekly Rsi is turning as well.>. Yes, yes and yes The weekly stoch is also going positive on a lot of these after sliding along the bottom for quite a while. Worst case that I can see is another dump to HUI 167-170 in the near future. Otherwise I favour new highs across the board by July. $80+ on NEM on the next move if it is a 3. Looking at BGO as you point out, the MACD is about as deep as it gets and look where we are on this chart. We either crash lower or blast off from this kind of depressed reading. Based on the crash in sentiment and many of the gold bulls diving off of the bandwagon, I favor higher. stockcharts.com[m,a]daclyyay[df][pb50!b200][vc60][iUb14!La12,26,9]&pref=G Gut is worth something as a trader as well and my gut is saying the next couple of months are going to be head turners in a lot of markets.

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