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onesevenus

04/13/04 3:39 PM

#230132 RE: George the Greek #230125

It is on sale today. I hope gold will hold above $400, and miners are cheap here.
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Must Be Patient

04/13/04 3:48 PM

#230146 RE: George the Greek #230125

There seems to be a lot of panic selling, while the HUI is approaching its 200-dma. This has been a good point to buy in the last few years, although it could stay under it for a while too like it did in March 2003.

EDIT: these 200-dma touches have been coupled with RSI-14=30 in the past; I wouldn't base my decision on TA but who knows.