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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (9643)4/24/2006 11:36:11 PM
From: Broken_Clock  Read Replies (2) | Respond to of 78412
 
stockcharts.com\\H7S? Don't see it. I do see a ton of negative technical indicators though...

This chart looks like it's waiting for that one piece of news that will send it cascading to new lows.



To: SwampDogg who wrote (9643)4/25/2006 12:16:01 AM
From: LLCF  Respond to of 78412
 
I don't know much about charting... but it just broke below the 200dma, so while it could be oversold to the tune of bouncing to test that, yea, but longer term how can that chart be big time oversold?? What does the RSI say?

quotes.ino.com

Don't get me wrong, near term anything is possible, but longer term I think the case for PM's is essentially the same as the bet against the buck. If the dollar remains stable or turns and goes up, then one of the biggest potential reasons for Gold to rocket is gone.

JMO

DAK