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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Fiscally Conservative who wrote (82548)8/1/2008 10:43:12 AM
From: bullbud  Read Replies (1) | Respond to of 116555
 
"The chart on CDE still stinks!" The price may fall, but the chart shows a textbook breakout pattern. We must have gone to different chartin' schools.



To: Fiscally Conservative who wrote (82548)8/1/2008 11:28:01 AM
From: Jim McMannis  Read Replies (1) | Respond to of 116555
 
These stocks usually trade on the anticipation of the underlying metal. What other than that do you think is driving the stock?



To: Fiscally Conservative who wrote (82548)8/1/2008 12:16:21 PM
From: koan  Read Replies (1) | Respond to of 116555
 
Those differences of opinion is what makes a horse race. I am betting on two things:

1) all hell is about to breakout in half a dozen areas e.g. more pressure on fed which will trash dollar, and which will make peoples hair stand on end and that always helps gold.

2) Inflation

3) the timeline for bringing on their other two mines.

Cheers,