Edited by SilentOne, 24 October 2008 - 09:06 AM.
HUI/XAU
Started by
SilentOne
, Oct 24 2008 09:02 AM
4 replies to this topic
#1
SilentOne
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Posted 24 October 2008 - 09:02 AM
If the $HUI and $XAU start showing relative strength here, it will be the first signs of real liquidity ...
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#2
Cirrus
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Posted 24 October 2008 - 09:25 AM
I'm watching too....tried to pick up ABX on the open cheap but missed it.
#3
SilentOne
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Posted 24 October 2008 - 09:28 AM
I'm watching too....tried to pick up ABX on the open cheap but missed it.
I would not be in a hurry. There will be no "V" bottom here. We need to see some bottom action first. Until then I'm watching.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#4
Cirrus
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Posted 24 October 2008 - 10:24 AM
Gold stocks will rally the most, by far, off the low IMO. I think the XAU will rally at least 50% in no more than 5 sessions when it bottoms.
#5
SilentOne
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Posted 24 October 2008 - 11:43 AM
Cirrus,
Yeah, when it bottoms. As for the 50% rally, I wish ...
cheers,
john
I think the XAU will rally at least 50% in no more than 5 sessions when it bottoms.
Yeah, when it bottoms. As for the 50% rally, I wish ...
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
