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Re: Frank Pembleton post# 16368

Wednesday, 07/12/2006 11:31:47 AM

Wednesday, July 12, 2006 11:31:47 AM

Post# of 19037
You think gold stocks are lagging? Pretty good move considering weak DOW, higher USD, sure POG is going up but when has that mattered lately? Its the averages that count the most at this point IMO.

As for lagging I thought most made good moves this am off of yesterdays pop, and sold into that strenght, earlier in day the sector ignored the dow etc as losses were small and were heartened by the burst of POG above $640 resistance and more, but DOW etc now down a chunk, will depend alot here on general averages today and I did not want to gamble good gains on this, still a traders market IMO.

But I can also enjoy upmoves as I hold long positions in the likes of BGO HL NG GG

Nice hearing from you Frank
What about that crude draw, about time.

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