Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Homestake Mining -- Ignore unavailable to you. Want to Upgrade?

To: ScatterShot who wrote (218)	8/13/1999 6:06:00 PM
From: Rarebird	Read Replies (1) \| Respond to of 415

HM has been acting very bullishly over the last few weeks. The stock has been rising lately on heavy volume and declining on light volume. This tells me HM is being accumulated. Today, in particular, HM made a very revealing island reversal at the close: it was down all day on very light volume and then rallied on heavy volume during the last 30 minutes and closed in positive territory for the first time during the session on the last trade of the day. I see a close above the 200 day moving average shortly and a share price in the teens sometime this coming fall. It is giving signals that it is ready to make a strong move up.