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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Robin Plunder who wrote (96404)11/8/2012 12:42:15 AM
From: 2MAR$  Read Replies (1) | Respond to of 219459
 
Well another gold miner $GOLD missed the mark today & took a hit like NEM & ABX before in this reporting phase, all missing badly. So case of bidding up too far and some being left up there for reality check on earnings reports, Rangold being one of the strongest held $110 and bounced so not that bad for today's overall sell off.

PEs for miners had reached way up farther than traditional levels, so the recent momo & sentiment is still apparent but they all got pruned across the board. Love to know what the pro specialists are thinging long term, we were just in a period where all pundits predicted $1420, lol, back to traditional PE this would be back to $100/95 but not happening yet .