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To: Davy Crockett who wrote (82)8/29/2007 1:10:39 PM
From: Davy CrockettRespond to of 118
 
I was just perusing some charts, when I realized that something significant happened shortly after August 16 (that big volume day with the hammer) - a death cross occurred on the GDX, where the 50 ma crossed under the 200 day ma. The same thing happened a month earlier on SLV (Silver). Also on many of the indices & stocks, the 50 day sma has turned down & is now declining... All FWIW only