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Gold/Mining/Energy : Gold Price Monitor
GDXJ 98.59-2.8%Nov 13 4:00 PM EST

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To: John Hunt who wrote (22919)11/13/1998 9:56:00 AM
From: Enigma  Read Replies (2) of 116762
 
John - responding to your previous message with a great charting site.
Have you noticed that when the 50 day goes above the 200 day it often spells short term curtains? eg GEX-T a solid natural gas and oils co - do you think history will repeat? There is a lot of drilling planned, but you wonder if fundamentals will prevail over the chart pattern.

The ARP chart is very scary - big gap there - but if the next drilling results are v. good will all the nervous nellies on the supply side be swept aside - I'd like to buy some - it has 'that feel' but there is the chart looking very top heavy. E
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