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


To: jimsioi who wrote (20891)9/22/2003 6:06:11 AM
From: crustyoldprospector  Respond to of 39344
 
You have the call spot-on IMO, jims. Whether this 5th terminates normally, becomes extended, or fails, it looks like the end is coming before Dec 31.

I'm still at 34% PM until the termination clarifies. Extended 5th to HUI 260 still a very real possibility. Doubt the move ends before HUI 220, especially with POG now starting another leg up.

Watching bond and stock markets for clues to termination. If bonds are relatively stable or rise in the face of declining dollar and DOW, that is a clue that gold stocks are about to fall, IMO. Gold has been trading with general equities and inverse to bonds lately.

Keeping an ear to the ground and an eye on the charts, I am the

crustyoldminer