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Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?

To: PaperPerson who wrote (4063)	5/2/2008 6:03:22 AM
From: PaperPerson	Respond to of 23102

Not to sound too rosy....on a negative note, the Aden sisters, who did a fairly good job preparing subscribers for this gold correction, are saying "The gold price fell clearly below the April low this week and gold (basis June) is weak below $925. The weakness (D decline) could last into the summer months and in a worst case, the 65-week moving average could be tested (see Webextra). Silver is similar. It's weak below $17.80 (basis May)." That webextra chart on gold that they refer to shows the 65 week moving average as their bottom-line support level. That could take gold down to $766, the Adens indicate. Michael

To: PaperPerson who wrote (4063)	5/3/2008 3:34:47 AM
From: onepath	Read Replies (1) \| Respond to of 23102

The sell in May crowd think of it as a set play that works every time. Good chance that this year may be an exception.Maybe a stealth rally led by gold and silver but including most if not all commodities.The media has called the commodity cycle over,other's like you mentioned have waved the white towel and bailed.I intend slowly to keep adding to my core positions.Mainly warrants like YRI.WT.C or NGD.WT.A... not going to be overly brave yet because there is no need to.Slowly accumulate.