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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 416.72+1.2%Dec 26 4:00 PM EST

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To: yard_man who wrote (13484)4/28/2008 9:33:53 PM
From: jimsioi  Read Replies (2) of 29622
 
HUI Gold Ratio.

Down to some of its lowest levels in the last three years...On falls in the ratio such as we're seeing bottoms have been put in....One good wash out, now and that ought to be it...and the miners and gold look as pregnant and capable of a washout drop as I can remember...AEM down six of the last seven days. Rallies failed today...

stockcharts.com

No FED FUNDS rate cut and we'll see the wash out along with a good buck in the buck....Lots of earnings reports due out around the 5th and 8th of May I notice...If they are good and the miners are still in the soup then, I'll be quite encouraged to be buying...
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