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Non-Tech : The Woodshed

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To: gold$10k who wrote (16195)11/12/2004 10:39:43 AM
From: gold$10k  Read Replies (1) of 60908
 
It would seem that HUI's performance is being held back by the presence of SA golds (which I don't own). This would make XAU a better indicator for non-SA gold stocks.

stockcharts.com[w,a]dacayyay[pb50!b200][vc60][iUyb20,2.0!La12,26,9]&pref=G

stockcharts.com[w,a]dacayyay[pb50!b200][vc60][iUyb20,2.0!La12,26,9]&pref=G

My view is that XAU and the POG have already broken out and are consolidating above support (previously resistance) in preparation for a major rally, BWDIK.

vt
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