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.

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

To: skinowski who wrote (17855)	12/7/2004 7:38:47 PM
From: SwampDogg	Read Replies (1) \| Respond to of 60914

Don't know exactly what the question is. Do you mean gold as ratio of M3 or something like that? Prechter has been asked recently about the $DOW in Euros etc. As each chart is a socioeconomic view of what is being measured it should capture all relevant information at a given time (ie being adjusted for something is not needed). Gold stocks look very good indeed as long as they hold the line over the next couple of days. Most coming right down to trend support on lower volume and the POG is holding. May be the start of a larger 'C' down but it is looking more and more like the last shake before the moon shot. Added some today and will add more tomorrow. If the immediate bull case is right then a rally should come by Friday and it would be quite something. If this is a 'C' down then volume should come in so it should be obvious. Downside volume came out of nowhere on the general market today with the $COMP putting in just under the highest volume for the year. That "3 Peaks" may be in play here. Still count in the wiggles the possibility of one more wave to a new high. Watching for it to be on much lower volume.