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Tough day for the goldies today, all those hammers yesterday did not look good and it appears that the miners held up pretty well.
I noticed a double bottom at the 76% retrace for GG over the past few days. "JimCAlaska (5/24/2006 10:55:39 AM): GG has tested the 78.6% Fib Retrace twice now... and is pulling away from the BBands, I say buy bwdik"
The hidden pivot conference room was busy today, lots of good work by all 9 of us. I was calling for a double bottom in the POG and suggesting buying GG et. al.
"5/2406 7:22:37am: when 636.30 goes we're gonna drop quickly"
At the close in NYC I proposed a gap up tomorrow and to buy today at the close. "JimCAlaska (5/24/2006 11:45:55a Alaska Time): My prediction is that gold stocks should be BOT here into the close for a GAP up in the AM."
Here's a shot of the traffic that's hitting this blog.
More later...
Have to go outside and buld a garden. Summer has arrived in Alaska 76 and an all time record yesterday.
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