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Gold/Mining/Energy : The Metals Thread -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (47)	3/14/2007 9:12:13 PM
From: Taikun	Read Replies (1) \| Respond to of 252

No. Honestly I think it is a bit early to completely back up the truck, options expiry here may have saved the day, and put off the inevitable another week. I could be wrong but 310 on the HUI, the intraday low today, just seems a little rich considering we're only in March. May/June is often the seasonal turn for PMs, so what do we do for April? I look at Swink's charts, and he has 110-125 XAU in chart 0.00 for mid 2007. I think there's a chance USD rallies also, as Puplava's show said on the weekend, "all the switches are flipped fror a USD rally", which leads me to think the bottom isn't in.