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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: loantech who wrote (11697)11/22/2009 4:28:09 PM
From: Wade1 Recommendation  Read Replies (2) of 48092
 
I have no idea how much they are going to lose if POS takes off ot $20+.

The close of PM shares indicated that the shorts failed to knock the shares and metals down last week. The stage is set up for the final show down next week.

Some bearish sentiment at this point is good because it keeps some cash at the sideline, which is the extra fire power we need to propel gold higher. I can see that many investors (old bulls) are sitting at the sideline salivating just waiting for the pull back. Will they see one, or will bite the dust again? <G>

Will the young bulls give the old bulls a chance? LOL
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