Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Andrew who wrote (23578)	11/5/2003 12:28:43 PM
From: TrueScouse	Read Replies (1) \| Respond to of 39344

Andrew: <<Could simply be he ran out of Meds>> Could be! <g> As you say, back on topic... and thanks for your thoughts on the market... <<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.>> I also follow the ADX closely, which has a very low reading on the daily POG chart right now. IMO this is not a sign of a top -- quite the reverse in fact. After the next run up, I expect the ADX to be above both of the DI lines: stockcharts.com[w,a]dhoayyay[pb50!b200!d20,2][vc60][iut!ll14!lah12,26,9!la12,26,9!lb14!ld20!lyb20,2.0] <<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.>> I very much agree with this scenario. <<Every penny stock play is making huge gains, some without reason.>> Not all -- certainly not in my PF anyway! There are definitely many that have got ahead of themselves, but there are many others that are still consolidating or haven't taken out the highs of 2002 yet. A few I still consider to be very good value at these prices: - Glencairn (GGG,T) - Anatolia (ANO.U,V) - Kimber (KBR,V) - GLR Resources (GRS,T) - Int. Northair (INM,V) I have positions in all of these so I'm biased! I especially like Kimber. Looks like they're well on the way to proving up 1 million oz AuE, with lots of exploration potential -- especially after yesterday's PR -- and a market cap of still only about $15 million (US). Check out the chart at: stockcharts.com[w,a]dhoayyay[pb50!b200!d20,2][vc60][iut!ll14!lah12,26,9!la12,26,9!lb14!ld20!lyb20,2.0] Best regards, Howy