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To: loantech who wrote (7808)3/8/2006 9:20:17 PM
From: SwampDogg  Read Replies (1) | Respond to of 78410
 
No

This is probably a 4th wave in the POG and they almost always break ST trend. It is the thing that bucks off the most longs before the real fun begins.
This obviously may be something larger and it may get uglier but the fact that NEM, GFI and others have retest breaks and many other stocks made lows a few weeks ago makes this look done.
PM Indicies right near good support here. One would not like to see NEM get below today's low though. That would be a bad sign for the whole bull IMO.

stockcharts.com



To: loantech who wrote (7808)3/8/2006 9:43:21 PM
From: loantech  Respond to of 78410
 
delete.