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

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To: Wade who wrote (25378)1/27/2011 9:28:50 AM
From: John McCarthy  Read Replies (2) of 48092
 
Thats great ....

(I got killed off in Jag awhile back ...)

Changing topics .....

I don't know how to read a chart in order to get
a sense of "future" direction ....

and we are down today (again) as .. to my astonishment ..
the S&P plows along to infinity ...

that said .....

I don't know *what* is on this chart that makes the guy
THINK that we have to goto the 1270-1280 area ......
but he's the only chart guy that I can find (so far)
that is putting in for a bottom at a precise range ...

but I don't understand or know the "chart-reasons" for
his call ....

FWIW
resourceinvestor.com

meanwhile ...
the dollar is in the 77's and heading south ....
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