 Just bot some GSS, looks ok, 50dma |
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 Feb 13 2008, 02:07 PM
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 Member Group: Traders-Talk User Posts: 7077 Joined: 19-September 04 Member No.: 2454  |
I am not really sure what this sector is doing.
on the one hand the shares are going up, but then again not as much as one would have hoped. the gold: hui ration looks constructive, and gold should pullback, but maybe it wont? I have taken a positnion in gss for the moment. Perhaps we see some market strength and it takes the gold shares up too? I have a stop in place just in case. -------------------- Observer
The future is 90% present and 10% vision. |
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Feb 13 2008, 02:26 PM
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 Member Group: Traders-Talk User Posts: 3485 Joined: 22-August 03 From: Kahlifoania Member No.: 11 |
QUOTE I am not really sure what this sector is doing. For those who may not know, Technical Watch provides an "at a glance" precious metals page that might help in determining what's hot and what's not with the XAU/HUI components. Fib -------------------- |
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Feb 13 2008, 08:35 PM
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#3
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 I'M THINKING Group: TT Sponsor Posts: 4994 Joined: 9-September 03 From: Chattanooga, TN. Member No.: 24 |
QUOTE (Tor @ Feb 13 2008, 02:07 PM)  I am not really sure what this sector is doing. on the one hand the shares are going up, but then again not as much as one would have hoped. the gold: hui ration looks constructive, and gold should pullback, but maybe it wont? I have taken a positnion in gss for the moment. Perhaps we see some market strength and it takes the gold shares up too? I have a stop in place just in case. Got an est. target? tks, mss --------------------  WOMEN & CATS WILL DO AS THEY PLEASE, AND MEN & DOGS SHOULD GET USED TO THE IDEA. A DOG ALWAYS OFFERS UNCONDITIONAL LOVE. CATS HAVE TO THINK ABOUT IT!! |
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Feb 14 2008, 05:43 AM
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#4
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Member Group: Traders-Talk User Posts: 1430 Joined: 8-January 04 Member No.: 906 |
Leap calls are cheap. With bond sales failing ( municipal and corp paying up
20% interest to find buyers ), dollar finished, I like gold very much but it has to seperate from stocks somehow. This one is excellent building cause, cant say when and where. Let's see if gold shares seperate from stocks if stocks go into a severe decline like beginning today. If it happens without me, I've got to buy a close above 4.33, or lower if that happens first. QUOTE (mss @ Feb 13 2008, 09:35 PM) QUOTE (Tor @ Feb 13 2008, 02:07 PM) I am not really sure what this sector is doing. on the one hand the shares are going up, but then again not as much as one would have hoped. the gold: hui ration looks constructive, and gold should pullback, but maybe it wont? I have taken a positnion in gss for the moment. Perhaps we see some market strength and it takes the gold shares up too? I have a stop in place just in case. Got an est. target? tks, mss |
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