txtrapper
548 posts
msg #30610
- Ignore txtrapper |
1/12/2004 6:04:41 PM
wallman
Ditto
Tx
|
EWZuber
1,373 posts
msg #30615
- Ignore EWZuber |
1/13/2004 5:25:41 PM
ECGI up about +20% now. Looks like in the short term it wants to retest $0.80 as resistance. Volume was heavy as it bounced down off of the 25 DMA. This indicates that resistance is fairly heavy at this level, lots of sellers ( and buyers at a slightly lower price ).
EGHT launched today and hit an intraday high of +15%. At todays close it was still showing signs of resistance as Hourly chart is struggling to reach a balance between distribution and accumulation. Suspect it's just getting warmed up.
Bought some PMU today @ $1.21 and a little AGT @ $2.28 to test the water. PMU looks pretty good here and AGT is still struggling with a bit of supply. Looking for the bounce up off the 15 DMA to hold. I suspect precious metals may move up some soon. JMHO
|
jthehut
124 posts
msg #30616
- Ignore jthehut |
1/13/2004 7:39:15 PM
just curious: what makes you think precious metals are going up soon?
do you expect mining stocks to go up soon as well? they have been declining as of late...
~the hut~
|
travlr
80 posts
msg #30617
- Ignore travlr |
1/13/2004 8:49:57 PM
EW,
I just want to throw in my two cents of appreciation, as well. I have gained alot by reading your posts. Thanks go to you, and to all the others who take the time to "share the wealth"!
travlr
|
hylbert47
6 posts
msg #30618
- Ignore hylbert47 |
1/13/2004 8:59:01 PM
I agree, gold stocks are going up. look at the 5 and 10 year charts. where to buy, not sure, most analysts are calling for a correction soon but long term very huge gains. I am not in these stocks yet either (tho I have been in and out of PMU a couple of times in the past 2 months). What I hear is that small gold exploration stocks should be the next big winners. My problem is dealing with stocks under a dollar.
|
hylbert47
6 posts
msg #30619
- Ignore hylbert47 |
1/13/2004 9:00:19 PM
and jthehut,
going up soon???? they have been going up for a long time!
|
jthehut
124 posts
msg #30620
- Ignore jthehut |
1/13/2004 9:06:08 PM
I was referring to the last 2 weeks...
NOT the price of the metals necessarily, the stocks themselves!
~hut
|
jthehut
124 posts
msg #30621
- Ignore jthehut |
1/13/2004 9:07:13 PM
...and the reasons why Zuber would think that the increase is coming...
|
travlr
80 posts
msg #30623
- Ignore travlr |
1/13/2004 9:49:11 PM
FWIW...
I heard the "talking heads" mention that the Euro might have a correction coming, and to start thinking about shorting metals, gold, and such. Contrary? Maybe.
I personally don't pay to much what's said in the media, but file the thought as a possible consideration.
travlr
|
jthehut
124 posts
msg #30626
- Ignore jthehut |
1/13/2004 11:49:44 PM
Also, why would Greenspan give that speech in Germany?
Europe can't last forever with the high Euro...and would it really be that good if oil and metals were re-priced into Euros???
stay tuned...
~the hut~
|