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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Andrew who wrote (5373)6/13/2006 12:10:52 PM
From: Beachside Bill  Read Replies (2) | Respond to of 48092
 
I've been watching the relative strength of the Blue Chip tech stocks for the last few years and am amazed these things haven't fallen to 20% of today's price. They don't earn money and the RE has been the same for half a decade. The NAZ has to fall to get equilibrium back in the market.

I posted back around 2000 numerous times about this and how the NYSE would outperform... Let see the NYSE composite is higher than in 2000 and the Nasdaq is much lower. The NYSE has never had an overbought signal while the money won't get out of the Nasdaq over valuation...

NYSE has signaled undervalued compared to other indices yet it is taking forever for people to figure it out.



To: Andrew who wrote (5373)6/13/2006 12:23:31 PM
From: Wade  Respond to of 48092
 
I think ~$570 is the projected bottom. We'll see if it holds. I am buying more PMPIX any way. lol

Still traveling....Will do some charting tonight.



To: Andrew who wrote (5373)6/16/2006 5:13:15 PM
From: Andrew  Read Replies (2) | Respond to of 48092
 
Not bad move on Golcorp today.

It really did get over sold IMO