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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: jrhana who wrote (8778)	3/15/2003 5:20:00 PM
From: jimsioi	Read Replies (2) \| Respond to of 39344

Gallemore's GOLD & SILVER charts, & jrhana Jay Gallemore's Trend and Momentum indicators for Gold and Silver are still of concern to me....Both are still in declines and not yet over sold. Price projections I can see possible from these current levels run to about $318 Gold and $4.35 Silver. Hard to imagine the miners not succumbing under those price scenarios. Also notice the CRB...daily is oversold now, but the weekly is just starting a decline...Crude's rally back on Friday with a close on its high will be looked back upon as the last gasp of the bull if its down on Monday. All the premium is out of the NG front month contracts - suggests bull in gas has temporarily run out of steam. Also note the S&Ps daily trend indicator has now turned up... Guesses now are for the beginning of the war for 3/27....two weeks out....plenty of time for GOLD and SILVER to finish up a downward correction. Jrhana…IVANHOE experienced very high volume on the last romp to $3.50-60….The longer it takes to get back to that level the more resistance develops as investors who bought become increasingly anxious to get out even. Jay Gallemore's Site. chartingyourfutures.com IVANHOE - weekly - note heavy volume at price levels above recent close at $3.05 all the way up to $3.50. stockcharts.com[h,a]wacayyay[df][pc10!b40!i][vc60][ill14!le12,26,9!lp14,3,3!lb14!lya7,14,28!lf!lj[$hui]]&pref=G