4 replies to this topic

[Rock]

AZS.V has ripped through it's toughest resistence with ease. Great strength shown there. Big volume. It entered my top 3 . IMR, EPL, AZS

[SilentOne]

Hi Paul, Its all about its 25% stake in Cerro Casale, one of the biggest untapped gold deposits in South America. Bema gold holds 25% and Placer Dome 50% All have strong charts IMO. cheers, john

[bobalou]

S one ;john look at the $$ in jan ..thats that I see soon.please post a chart?? 87 is the # we can get to #,,, = 3 pts.,,, and the rand should go to 8 to 1 US $$. a + for S.A. gold stocks .It's rates...

[SilentOne]

Hi Lou,

The USD is getting ready for its next drop or leg down. This will be wave 1-3 from the 88 level. The target for the first wave down is 78 - 80. We won't see 87 again on the USD IMO. Look at the weekly MACD. It is still pointing down. No real bounce until this starts to turn up.

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$usd,uu[m,a]waclyyay[dc][ph.02,.20!b200][vc60][iub14!la12,26,9]&r=3228.gif

Watch AUY (YRI-T). It is breaking up through resistance at $3.50 CDN. I own a big position here as well.

http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=yri.to,uu[m,a]daclyymy[pb50!b200][vc60][iub14!la12,26,9]&r=9475.gif

cheers,

john

[bobalou]

nice ..LT .ok ..But ST should be up. do 1 yr and look at jan 04 on $$ ..also the $$ moves slow