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

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To: littlebitmoore2 who wrote (32507)11/30/2011 10:27:34 AM
From: gold$10k  Read Replies (1) of 48092
 
<<What levels in the SPX, GDX, and GLD do you see being reaching in what you describe as a "decent bear market rally">>

I would say that this qualifies and may be as far as it goes. SPX has rallied back to the point where it broke down from its triangle formation and GDX/GLD have rallied near overhead resistance. Also, the overbought characteristics I mentioned here are mostly in place or could be soon.

Message 27791756

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