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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Veteran98 who wrote (13794)6/3/2008 4:27:18 PM
From: rubbersoul  Read Replies (1) | Respond to of 29622
 
The juniors I follow were more resilient than the seniors.



To: Veteran98 who wrote (13794)6/3/2008 11:24:08 PM
From: TH  Respond to of 29622
 
Veteran98,

The day didn't play out so nice, but overall I'm not too disappointed.

One thing that is very positive is that POG has been basing in this range for a good many weeks. 850 looks pretty firm and like some have posted, we needed to park a bit and refuel before the next leg.

I'm sleeping great with the POG, and I can't say I'd be able to say the same thing with the daily crapshoot in general equities.

I guess the question is if oil kills the miners. Even Rick Wagoneer of GM stated today that oil is high, and it is going to stay high.

Crazy market, but the POG is still looking very, very good.

GT
TH