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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (79265)11/17/2000 9:43:38 AM
From: SliderOnTheBlack  Respond to of 95453
 
o/t G Cole... NEM/Gold

NEM has had over 6 Million shares in positive OBV since late Oct and positive money flows.

Technically; the bollinger bands are tightening... gonna break one way, or the other (VBG)... with the very positive OBV/Money Flows I'm kind of thinking it's about to break out. Sellers are gone - there is no volume selling in virtually any of the Gold's of late - BB's tightening on may stocks & the XAU itself.

A series of Fed Cuts - either to rescue the economy,or the markets will be a very nice positive for Gold & get the US Dollar retracing...

Sustained $30-35 Oil all thru winter will have a huge impact on the US... as Bullsky said so well - the cure for $35 Oil is $35 Oil ~

- news: US Citizens killed in Saudi(?) via a bomb thrown thru their car window....per CNBC