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


To: jrhana who wrote (16920)8/16/2003 7:19:12 AM
From: crustyoldprospector  Respond to of 39344
 
check-out MVG volume on this chart:

bigcharts.marketwatch.com

Impressive 6 days, and the price is holding up pretty well despite the big sale 4 days ago. I expect a new high by Wednesday.



To: jrhana who wrote (16920)8/16/2003 9:26:40 AM
From: austrieconomist  Respond to of 39344
 
MZM as evidence of Fed money creation still supportive of PM stocks.

research.stlouisfed.org

Traders... recommend checking Louis' chart every few days as a reminder as to where we are in gold's advance. One standard deviation support checking in now at about $340. I won't think about being shaken from positions unless that is breached. I do agree that the percentages favor some downside action here to "reward" the commercials in their net short position.

stockcharts.com