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


To: carranza2 who wrote (27852)5/27/2012 7:30:26 PM
From: Bonefish2 Recommendations  Respond to of 29622
 
Technical Analysis is a tool (some say an art form) never a "reason". Another tool to be used to maximize profits and minimize loses. Nothing more hopeless (even more hopeless than me) than seeing 35-40% evaporate off the top. Since you seem to be sincerely interested I suggest you start here.

equis.com

A simple look at the chart pattern of miners over the past year would have told one to "beware". A series of rolling over lower highs.