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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: rubbersoul who wrote (19169)6/1/2010 7:39:07 PM
From: Wade  Read Replies (1) of 48092
 
It is hard to tell if SLW is at a handle. Its 17-month trend line has to hold. Crude and commodities are caught in very volatile situations of the stock market.

But, I do see potential cup and handle patterns on GDX, HUI and XAU.

Investors have to make up their mind if silver is a currency or a commodity. My plan for silver stocks is to trade the opposite of the reactions until we have a trend.
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