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.
Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Andrew who wrote (136)8/27/2003 10:56:59 PM
From: Little Joe  Read Replies (1) | Respond to of 29622
 
Yes looks to be forming a nice saucer bottom. Another great bullish indicator.

Little joe



To: Andrew who wrote (136)8/28/2003 5:51:01 AM
From: crustyoldprospector  Read Replies (1) | Respond to of 29622
 
Andrew & Little Joe,

The symmetry so far in this chart is quite amazing. It also highlights the possibility - if the symmetry holds - of an upcoming, flash-in-the-pan crash to get a mirror image of 1998. In other words, a drop to 70 in October and recovery back to 95 by February? Interesting that such behavior might fit both the widely-espoused possibility of a general market spill this fall, and an early 2004 end of the 3-year up-leg of the 8-year gold stock cycle.

Regards,

crusty