Charmin Posted April 7, 2005 Report Share Posted April 7, 2005 A few PM stocks show up on bullish criteria for Rate of change and Stochastics AU, GG, GLG, and NEM - but use protection on oscillators The Chart... GLG - $15 area trading range lows with a small spring and diverging MACD.... Tech Talk continues to favour the Canadian gold sector. The Canadian gold sector was the second strongest sector on the TSX yesterday. iUnits on the TSX Gold Index rose 1.1% on higher than average volume A large number of TSX gold stocks either recorded positive MACD crossovers from an Dover Sole level yesterday or are very close to completing a positive cross over (e.g. Barrick Gold, Cambior, Glamis Gold, Golden Star, IamGold, Kinross, Meridian, Novagold, PanAmerican Silver, Placer Dome). http://dvtechtalk.com/April/April7.htm and do you know what price silver was last year at this time? and now is the seasonal strength period... http://dvtechtalk.com/April/April8.htm Link to comment Share on other sites More sharing options...
Old Habits Posted April 7, 2005 Report Share Posted April 7, 2005 What price was silver? $6 or so? Looking for $10-12 sometime this year. This $ strength seems to be sort of dragging on, maybe a little long in the tooth? Most interesting thing I heard was Greenspan's take on Fannie. "Could threaten U.S. financial system" did he really say that or was I hearing things? Link to comment Share on other sites More sharing options...
traderfromhell Posted April 7, 2005 Report Share Posted April 7, 2005 Price of Silver this time last year? Before or after the bungee jump? Link to comment Share on other sites More sharing options...
Charmin Posted April 7, 2005 Author Report Share Posted April 7, 2005 silver last year this time $8 and change June contracts: dollar down this morning - might be a top gold struggling around 429.5 euro rally may not last Gold resistance around 431/432 silver around 7.20 Link to comment Share on other sites More sharing options...
Charmin Posted April 7, 2005 Author Report Share Posted April 7, 2005 we have to watch for a dollar rebound in the 84 area Link to comment Share on other sites More sharing options...
Charmin Posted April 7, 2005 Author Report Share Posted April 7, 2005 silver trading range 6.95 to 7.25 areas Link to comment Share on other sites More sharing options...
traderfromhell Posted April 8, 2005 Report Share Posted April 8, 2005 More interest in matzoh ball soup in Tuscaloosa. Do I hear an echo? Link to comment Share on other sites More sharing options...
yellowfish Posted April 8, 2005 Report Share Posted April 8, 2005 Pretty hard to dig up a gold bug around here. So we got to be getting close to a buy signal, right? This guy has the lower trend line on the weekly down around 82. http://www.marketswing.com/L3charts/XAUL.htm Link to comment Share on other sites More sharing options...
OldMan Posted April 8, 2005 Report Share Posted April 8, 2005 I think PAL, SIL and SWC are due (or maybe overdue) for a bounce. Other miners probably too ... these are just the ones I looked at ... JMHO, of course. OldMan Link to comment Share on other sites More sharing options...
bearvest Posted April 8, 2005 Report Share Posted April 8, 2005 XAU: The worm will turn soon. We gotta get wave 4 complete ( an a-b-c-d-e ) and suffer through wave 5 down. Patience rules. Never draw to an inside straight. Never hit on 16. Never trade inside 4th waves. Link to comment Share on other sites More sharing options...
plantigrade Posted April 8, 2005 Report Share Posted April 8, 2005 Silver Link to comment Share on other sites More sharing options...
traderfromhell Posted April 8, 2005 Report Share Posted April 8, 2005 Pretty hard to dig up a gold bug around here. So we got to be getting close to a buy signal, right? This guy has the lower trend line on the weekly down around 82. http://www.marketswing.com/L3charts/XAUL.htm <{POST_SNAPBACK}> I don't think that trendline is correctlydrawn. His target may not be that far off but that's a new one on me. Link to comment Share on other sites More sharing options...
trinharder Posted April 8, 2005 Report Share Posted April 8, 2005 One up day away from a MACD buy signal...not that it means anything, some of the previous ones failed. I still don't know what to expect from here so I'm just standing pat with what I have. "IF" ABX gets back to 25ish to fill the gap, I'll probly short it...that's my standard hedge, most recent one was closed out already. Link to comment Share on other sites More sharing options...
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