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Gold/Mining/Energy : Gold Price Monitor

GDXJ 99.85

+6.2%

Nov 24 4:00 PM EST

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To: long-gone who wrote (20227)	10/1/1998 11:39:00 AM
From: Keith Monahan	Read Replies (6) of 116764

You are joking about HM right? Take a look at a long-term chart of HM. Lets say you bought a position in 1992 and sold it today. Guess how much you made? Thats right, zero. Any technicians out there have an opinion on the price action the last few days? It looks like the stochastics on many gold stock charts have not confirmed the recent highs. Plus there are downside gaps to fill on many charts. I may not be short yet, but I would certainly not be a buyer here (IMO).

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