SI
SI
discoversearch

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.
Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Frank Pembleton who wrote (26453)1/24/2003 9:19:35 AM
From: onedrill  Respond to of 36161
 
If you are talkin about the Gold stocks I believe we will soon see a surge forward/upward as more and more people begin to accept that Gold equities are the only game in town.
I'm sure all the CNBC folks have laid their plans and will soon begin a full scale marketing campaign to boost the valve of these holdings. This will be any easy sell with the dollar dropping below par.
Hell, marketing and advertising will be very cheap with Iraq as the chief ad agency leading the show.



To: Frank Pembleton who wrote (26453)1/24/2003 9:34:48 AM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 36161
 
FWIW - more columnists see a EUR/USD resistance band around 1.08-1.082.
This was a S/R going back in 1998-1999 (from when the EUR was considered as a joke). IMHO, 1.1 will be reached end-of-month.
Tho, EUR could make a technical pullback 1.068ish.
Technically, the EUR has the same bearish wedge the gold had (still has?).

Funny action on the silver also, most newswires mention 4.82 as a tough resistance. Yesterday pricing around that price could be explained by stop buys followed by stop profits then stop sells. All unexpectedly happening within the same session.
I guess, the trade programs will be suspended today in favour of manual trades <vbg>