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Re: host7423 post# 136043

Wednesday, 06/07/2006 4:30:57 PM

Wednesday, June 07, 2006 4:30:57 PM

Post# of 597163
He flew out of here....it wasn't that he was avoiding your question. MGGV is a very thin stock...there are many that are holding..MGGV has been holding here on decreasing volume...it needs to break and hold over the .20 range. The MACD is getting ready to turn up. Once it moves up and over the signal line then you'll be in much bettern shape. The stock itself and chart become much stronger on a move and hold over .20 It moves on a dime so on any volume at all you can see it sometimes jump .08 - 10 cents. The MACD does look like it is getting ready to turn. We'll see.

Understand too that Gold was weak today so as a sector play it is just out of favor right now. The more the economy stays like it is under "fear watch" however then gold should do very very well. I hope that helps some.

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