To: Eva who wrote (633 ) 9/24/2005 3:35:31 PM From: jimsioi Read Replies (4) | Respond to of 78418 CKG - a reload in mid to late October... A non participant in the recent miner rally, CKG is still trending down.stockcharts.com [l,a]wacayyay[df][pc40!c8][vc60][ilb14!la12,26,9][J58140237,Y]&pref=G While I believe the chatter about good things coming, it's not one I'll hold during what would appear to be a correction coming in metals and miners....But I'll keep watching as mid to late October ought to corelate pretty well with a resumption of the miner's uptrend with a possible breakout on the averages late in the year igniting even the moribound juniors...Good news from the CKG field would really help.. Right now I see: COTs, net commercial shorts at near record levels...187K net as of the last reporting period. Jay Gallemore's Trend Indicator for Gold has turned down and the Crude story looks to be over with a possible breakdown coming of a head and sholder pattern with a measure to $55.chartingyourfutures.com CRX (Commodity Stocks Index) has closed below a key uptrend line with MACD rolling over...a sell signal...stockcharts.com [l,a]dacaynay[dc][pc50!c200!f][iut!ub14!la12,26,9!lya7,14,28!ll14!ld20][J56570228,Y]&pref=G The USD keeps powering higher with an appointment it would seem near 90...Only a close below 88, now, would turn this picture around.stockcharts.com [l,a]dacayyay[pb50!b200!f][vc60][ila12,26,9!lb14][j59520702,y]&listNum=1 Looking for Gold at $456 and the HUI around $223-28 as correction targets for at least a tradable bounce, but mid-late October for CKG to be prime. The only thing that could throw this off is if the Europeans are heavy Gold buyers basis their Euro weakening. Should be an interesting week if not initially a weak one for natural resource, raw commodity and miner stocks.