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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: SwampDogg9/19/2006 6:09:00 PM
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One thing today did not have was volume
Nothing more bullish than a quick retest and if this holds that is what we have.
Backin' up the truck tomorrow. The tree has been shaken

Don't like $HUI below the $298 but the volume was so much lower today that this should turn
Should get a good rally in the coming days but after a couple of weeks of strength another move down is most likely. It looks more and more like $520 wants to be tested.

Just a guess

Low tomorrow in the $550-$570 range
Rally to $600 in the next 2-3 weeks
Final low around $520 in Oct/Nov (could see $490)
$1200 by Easter

If the volume coming out of this low is high enough then we may not see another leg down ( if we sawe a huge $25+ up day in the next week).
Great strength in some stocks today while the more liquid names that may be owned by troubled hedge funds got hit.
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