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

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To: TheBusDriver who wrote (79424)	2/4/2007 8:26:24 AM
From: Bearcatbob	Read Replies (1) of 206334

The 200 dma is a solid measure of support. If a holding breaks the 200 dma it is likely to be dead money for awhile - and likely to fall further. When that happens the challenge is to move on - or to have a da__ good reason to stay. Similary, a company braking the 200 dma on the way up is a good signal - escpecially if the 50 dma also crosses. dabum can likely expand on this with much more detail. I do not have the time for the depth of analysis that he does. marketbrowser.com Market Browser if a great free service to watch the dmas. Of interest, neither DBLE or DPTR show to have broken these averages despite recent drilling disappointments. Bob

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