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


To: Eva who wrote (37042)1/20/2006 12:05:28 PM
From: jcpolar  Read Replies (1) | Respond to of 60929
 
Looks like some rough sledding for the general markets.
Gold stocks acting tired, not moving in concert with POG, took profits in TRE today, holding Drooy, NXG, MNG et. al.

FWIW... Chan says fagetaboutit: "investors shall now stay invested until a major sell signal, which could be months or years away. My suggestion? Take up fishing or golf, it will take your mind off the daily fluctuations and away from quote screens."

321gold.com

Hoye is concerned: "It is now time to become cautious.
We have built an amended XAU index to incorporate all the Homestake Mining data that was available before the XAU was created. Using this index we find that the combined levels of the current upside readings in my Exhaustion Index and Summation Index have only been seen in 1908, 1916, 9/22/1933, 10/10/1980, 12/31/1983 and 4/24/1987.

321gold.com

Jimmy S Long and strong. What's your EW take in here?