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

To: clinto eastwood who wrote (14948)	7/2/2006 10:59:08 AM
From: SwampDogg	Read Replies (1) \| Respond to of 78419

Could be but the ST trend is now up. As you know chart recognition works about 50% of the time and until the lows are broken I will lean to the bullish side. What I find most interesting is that most think that there is more down to come. Doesn't mean that there will not be but trend and sentiment works better than chart recognition. The scenario that you highlight is the crash count. It will be voided if the $HUI rallies about another 2%. OTOH I did some selling late in the week of the seniors. ST setup is not great with gold rallying so much so quickly. Will see how it looks in the coming couple of weeks and am pleased with the move. Holding and buying the micro caps and looking to buy more if we do get another leg down. Risk/reward is best there regardless of how this goes over the next few months. Message 22563213 Message 22545237 Message 22560884