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Gold/Mining/Energy : Chesapeake Gold (CKG.V) -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (666)5/29/2003 8:13:16 PM
From: Frank Pembleton  Respond to of 7835
 
Claude...you have to look at both the transportation and the industrials indices?...higher highs and higher lows, isn't that the definition of a bull market? I still don't see any kind of parabolic move and the angle of accent has yet to steepen. Methinks we have a ways to go-- gold bulls beware.

Here's a bank chart-- leading indicator and our next level of resistance is at 900:
stockcharts.com[h,a]dallyyay[de][pb20!b50!f][vc60][iub14][j13128484,y]

Also copper is known to be a bellwether for the economic cycle, I certainly wouldn't ignore it.

Regards,
Frank P.