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

To: Cogito Ergo Sum who wrote (12907)12/23/2009 10:27:21 AM
From: Wade  Respond to of 48092
 
<Now is this simply an oversold bounce...>

I think it is easier to gauge USD.



To: Cogito Ergo Sum who wrote (12907)12/23/2009 12:08:57 PM
From: rubbersoul  Read Replies (2) | Respond to of 48092
 
Thanks for the help.<G>

As for this being a DCB, I wouldn't think so (though a retest of lows may be at hand by gold opex). Sentiment is very bearish for the PMs, we are near the end of tax loss season, many senior gold stocks are at their 200 dma, and most HUI corrections rarely exceed 20-25%. But I'm biased.<G>

I bought IMG/IAG. Goldcorp's got mojo!


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