bearvest Posted October 5, 2006 Report Share Posted October 5, 2006 Leavitt Brother's free anaysis on the metals: http://www.leavittbrothers.com//chartspeak...peak_100406.pdf Link to comment Share on other sites More sharing options...
hadjin Posted October 5, 2006 Report Share Posted October 5, 2006 Whew ! Is it REALLY safe to come out from hiding yet ? NIce work guys .. Link to comment Share on other sites More sharing options...
dharma Posted October 5, 2006 Report Share Posted October 5, 2006 here is the latest from leavitt bros. http://www.leavittbrothers.com//chartspeak...peak_100406.pdf finished my buying this am. i think that was the end of wave 2. dharma Link to comment Share on other sites More sharing options...
Metamucil Posted October 5, 2006 Report Share Posted October 5, 2006 HMY performing very well... Link to comment Share on other sites More sharing options...
faramir Posted October 5, 2006 Report Share Posted October 5, 2006 I notice it is Freeport McMoran and Agnico Eagle doing the heavy lifting today. FM is more of a base metals play, non? Link to comment Share on other sites More sharing options...
Gold Majestic Posted October 5, 2006 Report Share Posted October 5, 2006 fwiw, i dont think hui goes below 270. <{POST_SNAPBACK}> FWIW ? dharma, IMO, this whole attack on gold and the gold stocks smacks of manipulation prior to the upcoming elections (as many have discussed). It seems that in order to have maximum effect, the market has to perceive a greater danger from deflation than inflation. Since the early May peak in gold, the market has been concerned with deflation as awareness grew concerning the housing bubble peak (July '05) and likely consequence of consumer led '07 recession. The recent "commodities and energy boom are over now," (along with the Iran hype, 15 billion barrel oil hype, etc) presented a good time for the Gold Shorts to make their move. I believe the pendulum is soon to swing back to the realities of inflation (money supply growth-see Japan) for many reasons such as sustained Asian economic growth, energy prices, war, and the inability of the Fed to raise rates because of the housing sector's impact on consumer spending and debt. (It's quite possible to have sustained world economic growth with a slowing US economy per the arguments of Don Coxe and his ilk.) Everyone and his brother are short energy and this is about to change very soon. Gold / pm stocks will be looked upon favorably once again. I'm keeping an eye on the energy sector as I believe this will give us the heads up on the timing of the inflation/deflation perception shift and next leg up in gold. I expect no later than mid October. gooberout <{POST_SNAPBACK}> We're here goobs. I've been backing up the truck with my favorite pms this week along w/ natural gas and oil sands. Can't get enough Minefinders, Petrobank, Connacher, etc. at these recent low prices. Course I'm usually early Here's one of many charts I follow that I was going to post yesterday and an updated one today. gooberout Link to comment Share on other sites More sharing options...
Gold Majestic Posted October 5, 2006 Report Share Posted October 5, 2006 Hi Trader - Thanks for the heads up. I have owned Casey's pick BQI (CWPC) in the past and sold after becoming more acquainted with oil sands plays. I'm interested in quality, near-term producers or current production status companies, i.e. CLL, PBG, UTS and the likes... IMO, Connacher is a value play and from a fundamentals point of view, way, way better - don't get me started :>. But for a trading vehicle, Canwest Pete has quite a following and the weekly comparison chart points to it outperforming Connacher. Here is a link to Michael Berry's report on CANWEST: http://www.buickgroup.com/pdf/060925-berry...corporation.pdf But much prefer: CLL's presentation at COPIC: http://www.newswire.ca/en/webcast/viewEven...eventID=1595880 gooberout Link to comment Share on other sites More sharing options...
faramir Posted October 5, 2006 Report Share Posted October 5, 2006 Any one have an idea what my entry point may be for ABX.TO? Link to comment Share on other sites More sharing options...
traderfromhell Posted October 5, 2006 Report Share Posted October 5, 2006 Hi Trader - Thanks for the heads up. I have owned Casey's pick BQI (CWPC) in the past and sold after becoming more acquainted with oil sands plays. I'm interested in quality, near-term producers or current production status companies, i.e. CLL, PBG, UTS and the likes... IMO, Connacher is a value play and from a fundamentals point of view, way, way better - don't get me started :>. But for a trading vehicle, Canwest Pete has quite a following and the weekly comparison chart points to it outperforming Connacher. Here is a link to Michael Berry's report on CANWEST: http://www.buickgroup.com/pdf/060925-berry...corporation.pdf But much prefer: CLL's presentation at COPIC: http://www.newswire.ca/en/webcast/viewEven...eventID=1595880 gooberout <{POST_SNAPBACK}> Thanks GM. Enjoy the flight. Link to comment Share on other sites More sharing options...
bearvest Posted October 6, 2006 Report Share Posted October 6, 2006 Any one have an idea what my entry point may be for ABX.TO? <{POST_SNAPBACK}> Try this: http://www.stockta.com/cgi-bin/analysis.pl...and=&mode=stock If you don't believe the bottom has been found, at the trendline: Link to comment Share on other sites More sharing options...
Charmin Posted October 6, 2006 Author Report Share Posted October 6, 2006 CBJ support 3.40 http://www.StockSharePublishing.com/ChartL..._1160104080.png AUY climax to support with mid range close http://www.StockSharePublishing.com/ChartL..._1160104124.png GG, watch for a move to 24 and build sideways cause http://www.StockSharePublishing.com/ChartL..._1160104237.png Yes I think HMY is building accumulation cause here http://www.StockSharePublishing.com/ChartL..._1160104288.png HUI is building cause once again for the next move after PnF potential used up http://www.StockSharePublishing.com/ChartL..._1160104377.png Link to comment Share on other sites More sharing options...
Charmin Posted October 6, 2006 Author Report Share Posted October 6, 2006 I was reading that on Oct. 18 there is a CPI number coming out that will show a big decrease in inflation numbers reported if so, the person said to lighten up prior to Oct. 18 for commodity stocks I've decided to pay attention to price, but there is always the potential for price to react to the news. Let's see how things go in the next week Link to comment Share on other sites More sharing options...
bearvest Posted October 6, 2006 Report Share Posted October 6, 2006 GOLD: I can't help but analyse the chart bearishly. I know the miners rocketed up Wednesday (but so did the broads). It all seems like a bit of Bernanke news noise to me. The daily shows a two day pennant after the triangle breakdown. So I guess I'm a Canadian from Missouri. Link to comment Share on other sites More sharing options...
bearvest Posted October 6, 2006 Report Share Posted October 6, 2006 Commodities: There's a chance that the commodities bottomed. Link to comment Share on other sites More sharing options...
alceringa Posted October 6, 2006 Report Share Posted October 6, 2006 Couldn't agree more about CLL and BQI. Simple really, CLL WILL be pumping bitumen in 8 Months. CLL has conventional oil, Natgas and a refinery in addition to the oil sands. Management seems straight up and capable. BQI MIGHT be pumping bitumen in 8 Years. BQI management, financing arrangements, permiting future are all yet to be proven, IMO. CLL is the value play all the way, IMO. But waiting for the market to recognize that is painful. Meanwhile, BQI is a great trading stock. $100 into $30,000 in 2 Years The AMBulls auto candlestick reading gizmo went onto a buy signal on BQI today. Good luck in your trading! Link to comment Share on other sites More sharing options...
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