The Swamp Message Board - Msg: 24813029

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Strategies & Market Trends : The Swamp

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To: TheBusDriver who wrote (244)	8/1/2008 8:11:28 PM
From: SwampDogg	Read Replies (1) of 491

I wouldn't go as far as to say ignore the $HUI but the PM market is made up of many different companies doing different things in different places. Some have no growth, high costs, political problems etc etc. More important to chart individual companies and the gold and silver price IMO. Gold and silver have held and the companies that I track look pretty good here. Some of the large cap PMs may want a little more correction in the coming days (less than 10%) but that may be due more to merger activity. Some look like the hit lows months ago. It is a market of stocks not a stock market.

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