Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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

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To: akgoldbug$20K who wrote (31017)	9/1/2011 4:18:53 PM
From: akgoldbug$20K	1 Recommendation Read Replies (1) of 48092

The market internals are suggesting the move up that began several days ago is waning. Unless the internals change, the next leg down is likely to begin at anytime. There is important economic news out today and tomorrow and that could change the internals so be patient. Let the Indices confirm a top is in by giving an impulsive move to the downside. The information from the market is clear. The rallies are countertrend rallies and not the beginning of a new bull market. However, that is the information we have at hand today. If it is to change, you will see breadth expand and volume increase on each move up and decrease on the moves down. Until that occurs, the main trend is still down

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