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

To: kayco who wrote (12387)12/8/2009 12:24:09 PM
From: rubbersoul  Read Replies (2) | Respond to of 48092
 
You could be right, especially with the Fed meeting next week (more jawboning). However, seasonality said we would dip here.
Also, over 90% of the time, when seniors are this oversold in an uptrend, they bounce. May not happen this time but I'm not abandoning ship here. Juniors may sell off hard if gold and seniors fall more. We'll see.



To: kayco who wrote (12387)12/8/2009 4:23:14 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 48092
 
My experience is that juniors get held a bit longer in this environment.. but when they go.. they catch up to the seniors.. so more stable in a short downturn for gold.. My yield plays fluctuate but basically doing their job ... still holding AEM, K and RBI... Looking @ YRI... RBI and YRI look like they are trying to turn..


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