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

To: loantech who wrote (17352)	8/1/2006 9:21:54 PM
From: Taikun	Read Replies (1) \| Respond to of 78410

Steven M. Swink has an interesting $XAU:$GOLD chart here, does anyone follow him? stockcharts.com and while I want my shares to go up too, it looks like these consolidations can last awhile.For example, the one from May-Aug 05 provided 4 entry points within a 5% range, and looking at the consolidation starting June 06 it would appear to me that we could get one or two more entries here. He also has a point for another minor bottom around Oct 06. Since the 05 consolidation was about 4 months in length, if we assume the 06 consolidation started a little later, then Oct would be in the 5th month counting from June 06, so could it come sooner? His $XAU weekly chart also has a 1.5 year trading range. The last was Apr 04-Oct 06, the current starting Oct 06. If we are indeed in this range 120/130 to 155/170, then we might get a chance to accumulate again. While the lows might not be of the mid June 06 level, we could see prices within 5% of that.

To: loantech who wrote (17352)	8/1/2006 9:22:28 PM
From: LLCF	Read Replies (1) \| Respond to of 78410

Very heavy haircut... which ones besides MMGG and GGC have slipped that much??? DAK