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To: Zincman who wrote (10419)5/3/2006 3:05:42 PM
From: loantech  Respond to of 78421
 
Date: Wed May 03 2006 10:41
trotsky (@pm stocks) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
it looks like both the reverse h&s as well as the break-out to new highs in the XAU are failing at the same time - that would not be good at all, needless to say. it's probably also too early to call that potential failure a fait accompli - but essentially the pm share indices have totally failed to reflect the most recent rise in the PoG anyway, and that is never a good sign. at least recent earnings reports haven't been as shockingly crappy as their predecessors in the previous quarter, we may get some support from that fact.