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


To: Eva who wrote (23670)11/6/2003 7:39:56 PM
From: Proud Deplorable  Respond to of 39344
 
IVN re-entry target ?

I am thinking that a very hot momentum play like this can become just as oversold as it was short term overbought. I sold all in the upper 12's and got out of PMZ also with a nice profit.

IVN was about 3.50 when it really took off to 15.00.
A 50% retracement would take it to the 9 range. I cannot visualize it going below 9.00 so I'm going to chance it around there. Anyone else want to try to guess ?
I'm keeping a good position in ETG and adding SGC which was one of the best performers today.