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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: blind-geezer who wrote (6777)	5/12/2004 2:44:50 PM
From: steve from ihub	Read Replies (2) \| Respond to of 60903

no they are not rallying with the rest of market in this recent burst and actually sold off twice as much on a percentage basis after the opening move up this am. same ole same ole. i had hoped my 60 min charts would have reset further but that still have a lot of room to fall if miners arent done with this nastiness

To: blind-geezer who wrote (6777)	5/12/2004 3:05:26 PM
From: Michael Watkins	Respond to of 60903

And ABX printing a near perfect bearflag on the daily. Have not looked at the rest. Clearly sellers too advantage of the morning pop. On the other hand, charts like ABX are still "up days". regardless of the close, the made higher highs and presumably hither lows (if closed here) than the day before. It may be a down close, but its still an up day so price did prove that it "could" go higher. but a break tomorrow of todays lows will attract more selling. Time running out. its all going to come down to eco news and how the USD reacts, at least here in the short term.

To: blind-geezer who wrote (6777)	5/12/2004 3:25:19 PM
From: steve susko	Read Replies (1) \| Respond to of 60903

hope this guys is right ... shall see Date: Wed May 12 2004 15:10 trotsky (bullish consensus) ID#377387: Copyright © 2002 trotsky/Kitco Inc. All rights reserved gold futures advisors bullish consensus on gold is now below 10%, at 9.8%. that's almost 4 percentage points LOWER than at the absolute price lows in '99 and '01 ( 13.4 and 21% respectively ) . it's nothing short of amazing actually, considering that the price correction wasn't really all that big so far. it's also a bullish divergence. note also, the only instance that i recall of a consensus below 10% was in propane in late '98. it subsequently rallied from about 20 cents to almost 90 cents per gallon over the next 2 years. Sinclair's fantasies are beginning to look more credible in light of this...