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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 (22780)10/16/2006 10:30:35 AM
From: Rarebird  Read Replies (1) | Respond to of 78419
 
Tom:

Perhaps I'm blind, but I see no confirmation yet of a new uptrend in Gold Mining Shares.

As for Gold in USD, currently I see a retest of broken line support. The Downtrend continues.

Short Term: Avoid

Intermediate Term: After the correction is complete, buy with a passion. New all time highs are coming.

I have no position, long or short, on the group, but if I was sitting on some nice short term gains here, I'd take my profits.