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Gold/Mining/Energy : Gold Price Monitor
GDXJ 118.97-0.9%Dec 24 4:00 PM EST

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To: Abner Hosmer who wrote (8287)3/13/1998 5:28:00 PM
From: Keith Monahan  Read Replies (2) of 116823
 
Tom,

I've been lurking occasionally on this thread hoping to see some discussion on technical analysis, so I was glad to see your post. I subscribe to David Marantette's newsletter and find it extremely useful. His track record speaks for itself. I am still learning about technical analysis and cycles, but I find myself relying on these tools more frequently when making investment decisions.

Regarding the POG, I am less confident today than I was on Monday of a technical rally in gold. I am still long, but I was expecting this week to be the start of a climb to the 310 range. If this move up does not start soon, it may be time to go short again.

Keith
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