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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (33630)4/2/2002 5:25:25 PM
From: Mike M  Respond to of 52237
 
My guess is the stocks lead the bullion prices. That was what I thought when buying NEM at 23. Metal stocks have had a nice ride. Probably could use a bit of rest.



To: Paul Shread who wrote (33630)4/2/2002 6:38:23 PM
From: orkrious  Respond to of 52237
 
A nice day in the metal, from what I can tell, but the stocks faded.

They were due.



To: Paul Shread who wrote (33630)4/2/2002 11:10:56 PM
From: Rarebird  Read Replies (1) | Respond to of 52237
 
<What the heck happened to gold stocks?>

It is called a Short Term Top. Time to consolidate and build a base above $300 before the next leg up.

We got confirmation in the metal today that it is indeed a bull market in gold. Savvy Traders sell the news. They'll be back with a vengeance, however, in due time. You can take that to the bank.


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