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Re: Justa Werkenstiff post# 398

Thursday, 01/04/2007 10:24:22 AM

Thursday, January 04, 2007 10:24:22 AM

Post# of 2663
Gold: Gold still looks positive despite the correction yesterday. Maybe that changes. The miners, on the other, hand still have issues and I was stopped out of some positions yesterday. We are at the lower downtrend line on the GDX as I write. We should find some support in here but that is for the short term only. We need to break up over the upper downtrend line in order to get more positive. We seem to be range bound.

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