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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 (25235)11/13/2006 12:01:58 PM
From: wsw1  Read Replies (1) | Respond to of 78412
 
tom,

this one does not...however, if you see a chart with the bollinger band overlays, you can see they are pinching right now, which portends to a strong move either up or down at some point down the road...i wish i had that crystal ball!!



To: loantech who wrote (25235)11/13/2006 2:05:49 PM
From: Rarebird  Read Replies (1) | Respond to of 78412
 
I personally bought more GDX at $38.20 this morning in my IRA Account. Dips are now major league buying opportunities in this Market. Let's not kid ourselves here: the uptrend in the Gold Mining Sector will most likely continue till the end of January at least.

The POG in USD continues to trace through a large contracting triangle. The ultimate resolution should be a thrust rally ending in the second half of 2007.

Market Fragments was all over the dip this morning, not only in GDX, but in USO too:

Message 23005508