Guest Posted June 10, 2003 Report Posted June 10, 2003 The market cap of the miners is far bigger than the market for the gold futures which is why I'm starting to think that someone is trying to shake out the weak hands by pounding the gold contract. The equities should have gotten killed at the rate POG is falling. I think da boyz are accumulating. I've got a few orders under market but have not gotten filled on a single one yet. The volume is big today. I'm frothing at the mouth thinking about the bullish engulfings you'll see if the gold price and the equities rally back up to close in the green. Thor! Great calls! I'm taking my hat off to your advice and intuition!
Charmin Posted June 10, 2003 Report Posted June 10, 2003 H - now all I need is to control the market with my voodoo doll. Hope RGLD doesn't let us down. come back to us 7of11 - today's your day
Charmin Posted June 10, 2003 Report Posted June 10, 2003 If this dip doesn't get bought then we'll probably know who's in control
Charmin Posted June 10, 2003 Report Posted June 10, 2003 remember how Doc was saying awhile back about a short sharp decline sometimes ya have to backtrak for those self fullfilling nuggets that get delayed
Guest Posted June 10, 2003 Report Posted June 10, 2003 POG - GAP - IS - NOW - FILLED ! ! http://trending123.com/stocks/chart_of__gold.htm
Charmin Posted June 10, 2003 Report Posted June 10, 2003 so how bullish had Tom O'brien been on PM in the last few days I don't think we've seen a $10 down day for POG is a long time Doc: If it drops blow 355 for more than a day though, I'd start looking for an alternative projection.
Guest Posted June 10, 2003 Report Posted June 10, 2003 so how bullish had Tom O'brien been on PM in the last few days I don't think we've seen a $10 down day for POG is a long time Gold is down $6.30 this morning. Confluence is from $354.68 to $347.68. There is a gap left open form the May 16th to 19th break out day. I expect we will get some support at that area. We have taken out the swing point from May 28th (We did 46,885 contacts that day). We will know the volume at 1:30 today. If it breaks with volume I?ll let you know.
Guest Posted June 10, 2003 Report Posted June 10, 2003 POG is moving now! Buying @ market now! Think we saw the bottom!
Guest jrmfl Posted June 10, 2003 Report Posted June 10, 2003 added following 1/2 position on: AEM MDG GFI DROOY BGO PMU PAAS SIL GSS CAU AU NEM CALLS WHT
richmtn Posted June 10, 2003 Report Posted June 10, 2003 AB what's your thinking on NG? I'll be out most of the day with my mom so I won't be able to follow much. Thanks Rich
Charmin Posted June 10, 2003 Report Posted June 10, 2003 If there is an absence of sellers like in the broads then that may be a positive
Guest AssMaster Posted June 10, 2003 Report Posted June 10, 2003 Interesting how NEM bottomed at the exact point of yesterday's weird intraday spike down, is it not?
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