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ItsAllCyclical

03/16/09 2:06 PM

#18620 RE: Frank Pembleton #18618

I'm a buyer of AUY today, but I don't see the volume that you do. Looking at GG, ABX, NEM, AUY, AEM. Inconclusive at best. I do think broad market will correct further though lending some support to PMs.

Frank Pembleton

03/16/09 2:09 PM

#18621 RE: Frank Pembleton #18618

Gold Stock Index: I find it funny how we can be strong into the last couple of minutes of an hour--and be weak the first couple of minutes of a new hour.

I'd say watch this thing after the first half hour - if we start building strength into the close of this hour, I think we'll see a strong close at the end of the day.

...just a gut feeling...

KastelCo

03/16/09 2:10 PM

#18622 RE: Frank Pembleton #18618

XGD volume seems to be much stronger than individual goldies say ABX,G,K,AUY.. and stronger than HGU.TO but those dailies look similar despite that..

Wouldn't that be the 'I think the financials have gotten ahead of themselves' play also ?