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To: jackjc who wrote (13310)6/13/2006 8:22:10 PM
From: LLCF  Respond to of 78430
 
<I did not expect a one day POG drop like today, kinda
telescopes things time wise IMO.>

This is excellent news IMHO for the longer term... so far every pullback in the bull has been SHARP and rather short. This one should qualify as a 'correction' for all the chart chasers in the future.

DAK



To: jackjc who wrote (13310)6/13/2006 8:22:57 PM
From: SwampDogg  Read Replies (1) | Respond to of 78430
 
Nor did I and especially one that did not include stocks like NEM getting hit by a few bucks.
The worst is over. The question is how long will this take to repair? I could see anything from a jump right back to $600 by next week to a 6 month consolidation (or maybe both:)
Still looking for a high above $1200 by early next year. Just a matter of how we got there.

One of the most interesting things about today was that this single handedly brought more exposure to the PMs than anything on the upside. That will not be a bad thing when this turns. This was the story today.

Potential for many island reverals out there if tomorrow is an up day.

BTW Funny how they removed the 'no limit' rule and then wham!



To: jackjc who wrote (13310)6/13/2006 8:54:25 PM
From: Eva  Read Replies (1) | Respond to of 78430
 
<I did not expect a one day POG drop like today>

I was hoping for it, to get things done faster. Let the dust settle now. Added some ARU, GUY, TVC and FO ( Falcon Oil) might have been too early, by the end of the day I could have had them all but ARU even cheaper !

Looking for some consolidation now, and might sell some tomorrow into any rise.

Cheers
Eva