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


To: Wade who wrote (25426)1/27/2011 3:46:35 PM
From: rubbersoul  Respond to of 48092
 
Yup, miners saw this coming already.



To: Wade who wrote (25426)1/27/2011 4:06:36 PM
From: rubbersoul  Read Replies (1) | Respond to of 48092
 
Those that bought at the open today got their pockets picked.

As for me, I am back to where I was yesterday morning.

I think the range now might be 1265-1290. Perhaps next week.
But if the general markets roll over then all bets are off.

Someone who has called the PM market better than anyone I know is calling for a bottom near the end of the first week of February.

30% HXD, 15% cash, 55% (SLW/FR).



To: Wade who wrote (25426)1/27/2011 4:08:31 PM
From: gold$10k  Respond to of 48092
 
A good observation. Both GDX and silver did NOT make new lows along with gold. This is potentially bullish if it continues.

Meanwhile, I continue my slow accumulation.