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Chary

11/06/05 10:37 PM

#14655 RE: Frank Pembleton #14654

Thanks Frank for the input. I am of the opinion that the sell off in gold, of what 20 bucks, in the last 5 trading days that did not cave the gold equities the way such a sell would in the past is bullish. In the past they, miners, would have sold off a ton. To me, this is an indicator the miners are waiting to see what happens here with gold at 455. I am glad to here you are willing to bet the 455 level will be out next pivot point, that's what I am thinking as well. I'll post another chart on the NASDAQ in a minute and would appreciate your comments.