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


To: kacy_in_LA who wrote (10598)5/5/2006 12:09:44 PM
From: Zincman  Read Replies (1) | Respond to of 78421
 
<Much lower> You talking 4.40's....?



To: kacy_in_LA who wrote (10598)5/5/2006 12:33:24 PM
From: TheBusDriver  Read Replies (1) | Respond to of 78421
 
Kacy....not much of a roll over that I can see...but I guess you could say that if you wanted to....

So far looks like we sucessfully tested support....Would like to know how you figure $5 is in sight..."with much lower likely"....

Wayne



To: kacy_in_LA who wrote (10598)5/5/2006 1:53:04 PM
From: TheSlowLane  Respond to of 78421
 
Here's my view of the weekly:

stockcharts.com

I think 5.50 is pretty critical, though I wouldn't be surprised to see a fakeout break of trendline support, though closing there on a weekly basis would be ugly, technically. Fortunately, there is a zero probability of a news vacuum. There are quite a few items in the pipeline and I think that some of them will ultimately be quite significant although there may be a perception lag.

EDIT - I do not want to see the 25 cross back under the 50, that's for sure.