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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 (30800)	8/24/2011 8:48:13 PM
From: gold$10k	Read Replies (1) \| Respond to of 48092

In order to compare assets that have the same market start and end times, I have used GLD instead of gold. From Monday's intraday high to today's close GLD has fallen 7.13% after a 28.37% rally - about 1/4 retracement GDX has fallen 6.39% after a 19.10% rally - about 1/3 retracement HUI has fallen 6.11% after a 18.73% rally - about 1/3 retracement GDX and HUI would have looked somewhat better if Monday's close had been used, but no big deal. They were not correcting near as large a rally as GLD had just completed. stockcharts.com stockcharts.com stockcharts.com The miners did have more of a recovery at the end of today's trading. Is that bullish for mining shares over the metal or a function of SPX having been in rally mode at that moment? I couldn't say.