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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 (31629)	9/26/2011 11:34:52 PM
From: Wade	Respond to of 48092

When the public finally realize the deep problems we have and gold is the best protection the trend change can be dramatic, which would give us abcde correction of GDX and take off in Nov. or Dec. wild moves.....

To: Wade who wrote (31629)	11/11/2011 7:24:57 PM
From: Wade	2 Recommendations Respond to of 48092

<The first part of the 6-month correction was from early Dec of 2010 to the mid-June of 2011. Then, the X-wave was from Mid-June to early September. It seems the correct count is that GDX began a new abc type sideways consolidation from ~$65, after the X-wave correction. Therefore, the 2nd of the correction could be 6-months as well, which would be in around March and April 2012. But, the steep drop and sharp reversal could shorten the time frame significantly. We shall see.> GDX is either going to continue is sideway correction to finish the c-wave down after the Sep X-wave, into Dec/Jan 2012 time frame, or it is actually going through a big abcde sideway correction since Dec 2011....then rocket into the moon. In short, GDX is at a critical point to either pull back and trade between $52 and $65, or going to blast off to a new high. We also observe a big 11-month inverted head and shoulder chart pattern at here. Whether it is going to blast off is hard to say, but I don't plan to sell any of my PM position. 2% cash. Good luck to all...from Taipei Taiwan. ..very nice food and people at here.

To: Wade who wrote (31629)	11/30/2011 1:03:46 PM
From: Wade	1 Recommendation Read Replies (1) \| Respond to of 48092

<..Therefore, the 2nd of the correction could be 6-months as well, which would be in around March and April 2012. But, the steep drop and sharp reversal could shorten the time frame significantly. We shall see. > It is still in the play. If GDX is still in the post X-wave correction the current rally may end between 62 to 65. Then, followed by another smack down to low 50's into March/April. Then rebound to breakout and to new high. However, if GDX has finished its ABCDE correction from Dec. 2010 to Oct. 2011, then, GDX is ready for running to ~75 area from here. We shall see. Good luck. Lots of if's, but that is the nature of the market.