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Monday, January 29, 2007 10:57:51 AM
in regards to gold stocks-- what I would like to see is a correction back down to the 200-day MA (XGD.TO) and a successful test of support-- I'm not wildly bullish at the moment simply because of seasonality.
anyway, take a look a 3-year weekly of the GLD-- I think a move down to 600 and then I can see new highs on the year.
anyway, take a look a 3-year weekly of the GLD-- I think a move down to 600 and then I can see new highs on the year.
FP........................................................
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