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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 (11986)	11/28/2009 11:05:42 AM
From: TheSlowLane	Read Replies (2) \| Respond to of 48092

I agree on gold. It is very extended on a number of indicators and the fast recovery on Friday did not help much to allow POG to de-froth. We will see how it goes but I would probably feel better to see it pull back some here. The juniors did well in recovering quite a bit of ground on Friday but were uneven in terms of how well they did holding on to that. Some are looking better than others, most of them have lagged POG by quite a bit. So it is hard to say how they will respond to a decent pullback because they haven't gotten that much of a run-up, in general. Many if not most are still well off their all-time highs.