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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (311)8/3/2005 12:21:06 PM
From: redfish  Read Replies (1) | Respond to of 50465
 
GG is going nuts today.



To: SliderOnTheBlack who wrote (311)8/3/2005 12:42:51 PM
From: Roebear  Respond to of 50465
 
Slider,
HUI printing in 208's, we have the action now, though there may be a retest of that 207 level.

Three consecutive >208 days after that the HUI may be well above 208, just a cautionary note. As for this move, proves the old truism about not shorting a dull market, as the HUI has been for weeks...

I do understand your need for confirmation, this has been a tricky market in PM stocks, as it always is before a powerful move.

I just got my Gold Train tickets with size yesterday, after a all too hasty profit taking the day before, I also bought SSRI after this post yesterday. I've been through this mill often enough not to be embarrassed about being shaken out, I just jump back in:

Message 21565740

My bottom buying in RGLD yesterday morning WAS worth it. This stock will be impressive for some time to come.

Best of luck,
Roebear



To: SliderOnTheBlack who wrote (311)8/3/2005 6:11:27 PM
From: longdong_63  Respond to of 50465
 
I agree with Roebears assessment also. This picture says it all:

stockcharts.com[l,a]daclyyay[dd][pb50!b200!f][vc60][iLh14,3!La12,26,9]&pref=G

We have broken out of the downtrend line on the HUI. I expect a retest of that breakout but it is up, up and away until sometime in October. The risk is limited here compared to the upside potential. JMHO. P.S. I ditched by flip flops for awhile since I believe we have begun an impulse leg up.