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


To: gold$10k who wrote (14516)7/22/2003 4:25:35 PM
From: Canuck Dave  Read Replies (2) | Respond to of 39344
 
This is the third assault on HUI 150 in the last year.

I think a double top is a negative indicator, but triple tops tend to break to the upside. Does anyone have statistics on this? I'm about 70% metals now.

Silver stocks weak today. Market is betting this is a short term top in spot silver prices.

CD



To: gold$10k who wrote (14516)7/22/2003 5:31:30 PM
From: TrueScouse  Read Replies (1) | Respond to of 39344
 
vt:

<<with the bottoming process completed by mid-August>>

I'm still optimistic about the summer rally that I've mentioned several times! :^)

If the London pm fix is above $346 a week on Thursday, POG will be "up" for July -- and then I'm looking for a megamove in August. <vbg> Seriously though, I'm tired of these 1 to 2% moves up or down. I want a repeat of May 21, 2002 when my PF increased by 14.9% in the day! During the quiet times, it's easy to forget just how fast the juniors can move.

Let's hope we're both right.

Best regards,
Howy