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Gold/Mining/Energy : McEwen Mining -- Ignore unavailable to you. Want to Upgrade?

To: CurveBall86 who wrote (8319)	9/8/2014 7:37:18 PM
From: Robov	1 Recommendation Recommended By NOW Respond to of 24527

It took much longer to bring this sector back down. Exactly! So what does that say? Last time POG was at these levels the miners were much lower in price as well. They have led, continue to lead and will continue to lead IMO. I reiterate again, the record volume that has flowed into the GDX/GDXJ ETF's off the bottom of the Head since last January indicates IMO smart money flowing into this sector and they won't be moved by this latest move lower, hence the lower volume on this corrective move lower. Weaker retail hands are probably the ones puking up there shares to the stronger hands that will be buying. MUX is headed into the 2.20's at the very least but the daily is getting oversold with the weekly close but not quite there.