Charmin Posted April 20, 2005 Report Share Posted April 20, 2005 On the last day of my count the Bernie analysis still is... "Gold bullion went on a tear today, (up 5.70) as the Dollar weakened, supporting a further move up in the XAU index. More time is still needed for a good low." http://www.feargreed.com while many commodities retested support areas.. Link to comment Share on other sites More sharing options...
Charmin Posted April 20, 2005 Author Report Share Posted April 20, 2005 http://dvtechtalk.com/April/April20.htm where were we last year http://dvtechtalk.com/April/April21.htm Link to comment Share on other sites More sharing options...
Charmin Posted April 20, 2005 Author Report Share Posted April 20, 2005 dollar support area 83.50 Link to comment Share on other sites More sharing options...
Charmin Posted April 20, 2005 Author Report Share Posted April 20, 2005 a battle will now ensue buck at support metals at resistance areas coppper 150 area trading range highs silver Link to comment Share on other sites More sharing options...
Old Habits Posted April 20, 2005 Report Share Posted April 20, 2005 Nervously pleased with the way the POG is holding up. Let's see if the miners can do the same. Link to comment Share on other sites More sharing options...
Old Habits Posted April 20, 2005 Report Share Posted April 20, 2005 Got NG? Link to comment Share on other sites More sharing options...
ThorAss Posted April 20, 2005 Report Share Posted April 20, 2005 Want a ready made recovery story portfolio in PMS? Try: AGT CAU CBJ CDE DROOY GBN GSS HL HMY MNG PAL or SWC PMU RANGY Less risky story? NEM BGO EGO KRY NXG NG? Link to comment Share on other sites More sharing options...
Old Habits Posted April 20, 2005 Report Share Posted April 20, 2005 Wild ride in GRS the last week or so. We've still not really gotten good participation from some of the smaller names, although CBJ is coming back slowly. Maybe the CIBC upgrade last Friday is helping. There's still a long way to go in my portfolio. Link to comment Share on other sites More sharing options...
Guest Posted April 20, 2005 Report Share Posted April 20, 2005 If one looks at the hui, there was a 5 wave advance from nov 00 -dec 03, since then the action looks corrective. the may-june 05 pd is 50 % in time of that advance. a low in that period would mark a great buying opportunity. on the other hand if the action since the 5 wave advance was a triangle, then this last low could be the buying opportunity. as bv pointed out above on the hourly chart it looks like 5 waves up, which means at the least we will get another 5 waves up. so, my strategy is buy some @the 3 wave pullback which will occur and buy the balance if there is a may-june low. opinions or ideas most welcome. dharma Link to comment Share on other sites More sharing options...
Old Habits Posted April 20, 2005 Report Share Posted April 20, 2005 Thor Might consider adding BVN (sm. div.) and RGLD to your safe list. SIL too. Link to comment Share on other sites More sharing options...
Charmin Posted April 20, 2005 Author Report Share Posted April 20, 2005 wtz Link to comment Share on other sites More sharing options...
Old Habits Posted April 20, 2005 Report Share Posted April 20, 2005 At the risk of being wrong again - not a great risk anyway because I'm wrong all the time. I think the chances of silver getting back in the $6 range again are slim and none. Link to comment Share on other sites More sharing options...
ThorAss Posted April 20, 2005 Report Share Posted April 20, 2005 Thor Might consider adding BVN (sm. div.) and RGLD to your safe list. SIL too. <{POST_SNAPBACK}> To be honest the less risky portfolio isn't mine and appears to be an all Canuck affair. The riskier one is a recovery play of reasonabull pms, ones which have been trounced in this correction (all down at least 50% off their highs.) Link to comment Share on other sites More sharing options...
ThorAss Posted April 20, 2005 Report Share Posted April 20, 2005 Pullback time. NEM has switched to short on my ST model but the Zow stubbornly stays long yet. Good stocks to go green at this time 4/59: GLD - the all metal affair GRS KRY RGLD - hmmm some else mentioned this one. Link to comment Share on other sites More sharing options...
traderfromhell Posted April 20, 2005 Report Share Posted April 20, 2005 Out of miners. Metals up early no follow through in miners. Goodbye. Link to comment Share on other sites More sharing options...
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