8 replies to this topic

[greenie]

For the first time since May crash, I see something in gold stocks that excites me. It is good time to start loading. Most likely, it will also lead to fall in dollar from ~85. Also, the next move will show you, how gold is different from oil, copper, zinc, maybe even silver ... thousands of commodities out there.

[dcengr]

For the first time since May crash, I see something in gold stocks that excites me. It is good time to start loading.



Most likely, it will also lead to fall in dollar from ~85.


Also, the next move will show you, how gold is different from oil, copper, zinc, maybe even silver ... thousands of commodities out there.

What is it you're seeing? I posted that I think gold is about to turn here. There's a bullish divergence in gold stocks and hui/xau have hit support.

[greenie]

Weekly MACD is showing positive divergence on many gold stocks. So, it is a longer term call. In the short term, gold stocks may not have bottomed, and can go and touch the previous lows. The stock that typically leads others is HMY. Today it gapped down on high volume - that mean the turn is not there yet (or it lost leadership role). In any case, now is a good time to start monitoring the sector, if one wants to take positions lasting one year or more. I will keep an watch on HMY.

[KCScott]

The stock that typically leads others is HMY. Today it gapped down on high volume - that mean the turn is not there yet (or it lost leadership role).

I will keep an watch on HMY.

Greenie, why HMY compared to AUY or GG?

[greenie]

HMY typically leads the move.

[Rogerdodger]

I guess now we will find out what the radio guru is made out of. Phil says to buy gold...only after it falls some more.

[greenie]

I guess now we will find out what the radio guru is made out of.
Phil says to buy gold...only after it falls some more.

Roger, Where can I listen to the radio guru? Is there a internet streaming channel with his show? His calls have been pretty good so far. I can even move to Oklahoma to hear him

G.

[Rogerdodger]

Greenie, he has a list of affiliates on his web site.
I think you can also get a live internet link every morning before the market open.
Philsgang.com

He has made some good stock picks but has been bearish since 1300 on the S&P.
But he still trades long if he see good risk/reward.
Lately his gang bought INTC, SMH and I think they are looking at XLNX.
All for trades only, not buy and hold but he's a bit bullish on tech lately.

Edited by Rogerdodger, 10 January 2007 - 01:22 AM.

[vitaminm]

XLNX

http://finance.yahoo...intc ...0&a=&c=