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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Nevada9999 who wrote (225571)	3/8/2013 11:37:09 AM
From: Rocket Red	Read Replies (1) \| Respond to of 313013

at some point these companies trading on cheap proven oz will get taken out

To: Nevada9999 who wrote (225571)	3/8/2013 11:51:07 AM
From: Veteran98	Respond to of 313013

Yes GDXJ looking good...GDXJ already trading comfortably above the 10 dma and starting to tackle the 20 dma... GDX still struggling to even regain the 10 dma as is GLD... These jumps higher in particular on GDX continue to be met with selling, looks like a lot still using strength to "Get me out !!" but at some point those sellers will be gone and it's onwards and upwards... GDX with any luck looks like it may at least try and tackle the 10 dma day.... I agree with your comments on the little guys.... huge leverage on these guys if in fact POG does head past 2000 buks these little guys are like owning a non expiring deep out of the money LEAP... I'm only using GIX as an example and it's not even a producer but in the last bull market it ran from under .20 to over 3 buks that's twenty fold... plenty of really cheap producers out there as well that may do even better as they have already spent the buks to get up and running so dilution will be less of a factor ... I don't think too many seniors going to see those kind of returns....