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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (27844)5/26/2012 10:39:37 PM
From: TheSlowLane  Read Replies (1) | Respond to of 29622
 
It seems to me that the amount of energy consumed in achieving these extremes of sentiment is considerable and is why seeing levels this oversold is relatively rare:



RSI on GDXJ made new all time lows and volume went to a new all time high on the weekly as the stock hit the RSI 30 level...



To: carranza2 who wrote (27844)5/27/2012 11:06:46 AM
From: Bonefish1 Recommendation  Read Replies (2) | Respond to of 29622
 
Miners are 35%-40% off their highs. They have already been "hurt".