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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who wrote (41302)	7/13/2006 10:22:32 AM
From: sydney2004	Read Replies (1) of 108760

could very well be. i looked at 155 on the xau as my short term target. we got close but i feel a short term top got put in. if not we get a little rally that takes us to there but we are close to churning back down short term. i still think we have another month or two before a final bottom on th xau. i don't think we've had it yet. when you look at some of the gains made over the past 3 weeks since the June 13 low its easy to see why the selling is going on. GRS +50%,AEM +28.75,AUY +22.75,GG +21%,SSRI +20%, AND THE OLD DOG NEM +14%. That's a very nice rally! Heck that's a great year for most.

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