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Well here we are at May mining stock lows


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#21 bunker

bunker

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Posted 02 March 2013 - 04:23 AM

I'm afraid I still have to go with a new range on gdx of. 31-38, as it was til end 2007

blacktooth
Feb 13 2013, 09:50 PM
Post #138

A long-term view of GDX shows that while equities peaked in 2007, GDX was in a range between 31 and 41. Perhaps that is its natural range:

http://stockcharts.c...amp;a=283174436

On a shorter term basis, I don't think this has bottomed
http://stockcharts.c...amp;a=283174436

- See more at: http://www.traders-t...46943blacktooth

Edited by blacktooth, 02 March 2013 - 04:29 AM.