Charts don't look too hot.
Gold stocks about to get Clocked ?
Started by
nimblebear
, Jun 18 2007 10:32 PM
3 replies to this topic
#1
nimblebear
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Welcome to the Dark Side !
Posted 18 June 2007 - 10:32 PM
Charts don't look too hot.
OTIS.
#2
Rogerdodger
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Posted 18 June 2007 - 10:44 PM
LINKFriday's report - based on data as of last Tuesday, June 12 - showed the commercial hedgers have flipped to a historic extreme of bullishness.
So this morning, I sold my GDX from last week near the 50ma.
The positive MACD often results in a pull-back.
This time it will probably be a gap up!
(See January)
Anyway, if we get thru Jack Chan's blue line I'll re-buy some.
http://stockcharts.c...60190&r=984.png
Edited by Rogerdodger, 18 June 2007 - 11:00 PM.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#3
da_cheif
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Posted 18 June 2007 - 11:06 PM
gold stocks gotta long way to go on the upside....
#4
Woody
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Posted 19 June 2007 - 07:35 AM
gold stocks gotta long way to go on the upside....
Cheif....glad to see a Gold comment from someone who has a record of being a #1 Gold Timer (Not Old Timer
) in years gone by! Maybe Joanne has a spreadsheet on Gold Stocks CLX/CLXpp .....
There are some good breadth charts on Precious Metal Stocks at Fibs TW site Link to TW
Edited by Woody, 19 June 2007 - 07:36 AM.
