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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: Jacob Snyder	4/12/2011 4:55:35 PM
	Read Replies (2) of 206093

CCJ chart looking ugly. Took out last month's low, and on lower volume, indicating that price was not the capitulation low. At this point, if we get a 10% correction in the S&P500, CCJ could revisit the lows of last July, at $21. It isn't helping CCJ, that the Japanese upgraded their disaster to a same level as Chernobyl (an overreaction, I think), and the Greens are going to be in the German government. disclosure: no position; will buy on lower prices.

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