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To: Rocket Red who wrote (40947)5/20/2010 7:13:40 PM
From: SwampDogg  Read Replies (1) | Respond to of 233951
 
IMO the gold stock weakness is coincidental with the market weakness and they are on totally different wave counts. The gold correction is very minor in degree. The fall in the metal was to be expected and looks about done.
Actually like the action in the shares as some of the ones that have appeared to be way overvalued have been hit a lot harder than the value plays. Puts the sector back into balance IMO. M&A may be on tap now more than ever.


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