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Duke4U

12/05/10 8:43 AM

#107204 RE: jhernandez #107201

precious metals have had a huge run... i agree with you that it is overextended, however, I would be extremely cautious on any pullback. A lot of these metals are at historic highs and that only means one thing to me... it will be extremely hard to predict support levels (although obvious on the chart) the systematic risk that is present would be too much for me to have any conviction on a pullback...


jhernandez

12/07/10 2:57 AM

#107420 RE: jhernandez #107201

Decent action on this one, i like the looks of it but concerned about the gaps. Thoughts on this one, from a technical perspective?