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HUI top?


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#21 senorBS

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Posted 05 March 2010 - 01:10 PM

I don't think this move carries higher today for PMs, but everything is still strong everywhere else, I just don't know. I was stopped this morning for no gain.

It will not take much more of a rise to get a solid buy.

cheers,

john


stock market going more norte IMO, gold and gold stocks go with it IMO.

PURE BS

Senor



Senor:

I believe the stock market is putting in a "top" right here - still to be determined whether it's just a pullback that will go on to new highs or something more. I will "buy into weakness" mid-end of next week in the Miners, as I beleive we will see 400-410 range in the HUI - then on towards 475.

stubaby


Well we differ, Nasdaq almost at new highs, banks look norte, most others will go norte, in fact a tres wave daily might be happening. When Nas leads it's usually bullish. Me no fight city hall here, look at the A/D line today - is that toppy?

PURE BS

Senor

Edited by senorBS, 05 March 2010 - 01:16 PM.


#22 dougie

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Posted 05 March 2010 - 02:36 PM

hourly negative divergences suggest pullback no one is suggesting a top here strange that