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Gold stocks appear to be now breaking from metal


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#1 nimblebear

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Posted 12 March 2007 - 10:37 AM

Stocks seem stronger than metal this am. A new trend ? Someone metioned this might happen soon. Can't remember where I saw it.
OTIS.

#2 mdwllc

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Posted 12 March 2007 - 11:32 AM

Stocks seem stronger than metal this am. A new trend ? Someone metioned this might happen soon. Can't remember where I saw it.





Nimblebear: I wasn't the one that mentioned it..for the record, I am short PM's and will stay so until early April, somewhere around the 4th or 6th. MDW :)
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#3 Frac_Man

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Posted 12 March 2007 - 12:00 PM

View my charts ....................... we caught the hourly low last week ...............

It's on Ike's show too ..... and my blog ...enjoy ...


The Hankster :) :)






Stocks seem stronger than metal this am. A new trend ? Someone metioned this might happen soon. Can't remember where I saw it.



#4 SilentOne

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Posted 13 March 2007 - 06:02 AM

Hi mike,

for the record, I am short PM's and will stay so until early April, somewhere around the 4th or 6th. MDW


I am flat as can be PMs right now, but I won't short against my bullion anymore.

I follow a 15-16 trading week cycle which last bottomed early Jan. The next likely low for the metals comes late April/early May IMO. That coming low should be well below whatever rise we are currently seeing here this week.

cheers,

john

Edited by SilentOne, 13 March 2007 - 06:04 AM.

"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