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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: cyesp who wrote (41988)4/15/2005 12:51:34 PM
From: kodiak_bull  Read Replies (2) of 206338
 
You're assuming that this "food fight" or change in tone is occuring at a bottom, and not the top? It's been going on for over a month and the charts are indicating the opposite, at least for now. I don't see anything like a capitulation in any of the stocks here. No volume blowoffs, no panic selling, just selling. I can't call any of this capitulation, not in good faith. Can you?

Dang, OIH just took out my 90, like it was nothing. If it closes here we have a whole new channel to deal with: 86-90 (well, we are going to have to deal with it anyway, but this is a sharp collapse).

OSX--X just took out 130.

Kb
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