Gold could be breaking out and mining stocks seem to be following this time. Hardly any gold stock spamming on the boards, strange.
"COMEX GOLD (DEC) 08/04/2005: Rising stochastics at overbought levels warrant some caution for bulls. The cross over and close above the 18-day moving average is an indication the longer-term trend has turned positive. If yesterday's gap higher on the day session chart holds, additional buying could develop this session. Since the close was above the 2nd swing resistance number, the market's posture is bullish and could see more upside follow-through early in the session. The near-term upside objective is at 445.4. With a reading over 70, the 9-day RSI is approaching overbought levels. The next area of resistance is around 444.4 and 445.4, while 1st support hits today at 441.0 and below there at 438.6."
Cash is King until further notice!!!
My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.
