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


To: TrueScouse who wrote (23555)11/4/2003 7:02:50 PM
From: Fishfinder  Read Replies (1) | Respond to of 39344
 
((leaving or being banned from Isopatch's thread! )))

I didn't quite get what happened over at ISO's thread.
But I wouldn't worry about it.
Maybe Isopatch got stung by a bee today or something.
Definately out of character, I think anyway.

scott



To: TrueScouse who wrote (23555)11/5/2003 3:25:18 AM
From: Andrew  Read Replies (1) | Respond to of 39344
 
We all have bad days. Could simply be he ran out of Meds : )

In the meantime Gold looking a bit brighter tonight Up 2.50.

I wonder how many times gold runs up to low 390's before bashing though. Daily MACD is crossed down and price has upward pressure. Wonder what happens when it crosses back up

stockcharts.com[w,a]dacayyay[pd20,2!b200][vc60][iLa12,26,9!Lh14,3]&pref=G

On the weekly MACD want to cross down also.

Looks like the price is bunching up under the low 390's, sort of coiling up and may explode through like a loaded spring sometime in the coming weeks/month on the way to the 415-420ish area. There still looks to be some downside risk to the mid 360's like has happened intraday a few times over the last month. Seems like the Bears know when to attack and hit the stops.


stockcharts.com[w,a]wacayyay[pd20,2!b40][vc60][iLa12,26,9!Lh14,3]&pref=G

All in all the junior explorers are frothier than ever. Seems like too much speculation is built into the sector. Every penny stock play is making huge gains, some without reason. We've all seen how this can end. Yesterday was all happy tomorrow might be another story.

I continue to hold the same Gold shares I have for over a month now which I think may hold up better or recover faster in a sudden selloff. We've had a few from which gold shares have recovered to new highs each time and I expect that I'll need my tums again before long.