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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: rubbersoul who wrote (11613)11/19/2009 7:29:58 AM
From: Wade  Read Replies (1) | Respond to of 48092
 
PM sector need some kind of correction, but I noticed that GTU and CEF' premium have dropped to 1.6 and 4.9%, respectively, which mean the market isn't as crazy as we are afraid of. Seniors are not cheap for now, but their earning projection is way up if POG can hang around this range.

POG at 1130 is still on its power uptrend line. The next line is 1070, of course. I won't abandon ship unless I see a good reason for USD to rally.



To: rubbersoul who wrote (11613)11/19/2009 7:32:49 AM
From: TheSlowLane  Read Replies (1) | Respond to of 48092
 
Agreed but juniors for the most part look like they still have some room to run. Could bounce around for a few days, we will see.