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mainehiker

06/24/03 11:47 AM

#122907 RE: basserdan #122905

dan i agree ,.and ive said the last week those stating miners positive divergence with pog was wrong and they were...maybe a small divergence at times, just noise..and hey ..im a gold bull..so i dont say that with glee..and yes i may be adding to miners today
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Bernard_Barouk

06/24/03 11:55 AM

#122912 RE: basserdan #122905

Basserdan, how Sophmoric.

The HUI has elasticity to gold of 3X itself......basic gold trader knowledge.

The small caps such as GSS, DROOY and CUSIF.ob...10X. CALVF BENGB and VGZ are even more highly levergaed than that.

As to the COT chart, do you own homework. That chart is valid through November 2002, with the Commercials net short on average all the way up to 390 from there, a mere 4 months down the road for that 10 year long chart.

If you are capable of studying it, it disctinctly shows the Commercials with their heads up their collective asses for a full decade.

Prove me wrong.

Learn to do more than cut and paste.