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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toccodolce

To: Wade who wrote (46037)	7/24/2013 1:47:55 PM
From: Fintas	1 Recommendation of 48092

BP PM is at 16 ish. BP MO is now in the 80's..UP from 22. BP Mo 10 week is now at 70 BP Mo 30 week is now at 12 What does that suggest? GOLD is getting CLOSER for the investor to go LONE. BUT before it does one best expect that NEAR TERM MOMENTUM and the 10 WEEK to come down. That supports a RETEST of the lows. Now as this happens because of the speculators, money may come in again to try to FORCE the bottom but alas bottoms can NOT be forced. They take TIME to develop at the expense of investors that ten to pay to hi for the buy and hold to 1500/1700 etc. Those who try to force bottoms best be prepared for the swings. Here and now 1405 is hard to penetrate let along 1560/1620. On the flip side not hard to get to 1300/1280 and after any bounce 1220/1180 and lower. Expect it, plan for it or REACT to it. ME...........I try to be PRO ACTIVE. While giggling at those who enjoy crisis management. Fintas

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