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


To: patron_anejo_por_favor who wrote (27093)5/3/2005 6:48:24 PM
From: SwampDogg  Read Replies (2) | Respond to of 60929
 
Interesting things going on in the last couple of hours that may actually be a sign of a major low:

1) High beta stocks like the silvers leading the market with good volume late in the day.

2) Previous market leaders like GG doing very well

3) Large crosses on some TSX listed stocks that have very large outstanding short positions. This looks like covering.



To: patron_anejo_por_favor who wrote (27093)5/3/2005 7:02:39 PM
From: blind-geezer  Respond to of 60929
 
---Downside on the HUI is at most another 10%....at risk of missing the upside which is huge.---

why is downside only 10%, I see a 50/50 that it will go down 20%

---at risk of missing the upside which is huge.---

only if you insist on sitting on the sideline ...