At the risk of being premature, let me ring the bell and call "Gold, short term bottom, dollar short term top"
ACU--filled in the gap, might be a buy above 17
ADAM--may have pulled back to support, buy with a stop at 5
AFFX--might have found support at 40. Buy with a stop there.
PENN still a nice uptrend--might be an entry point here with a stop about 65
PLUM--still looks peachy with a stop below 5
PNRA has pulled back--if 48 holds as support it looks good.
There still is no I in TEAM, and no volume either--but its a nice breakout.
TGA, baby, still long and strong with a stop below 6.
TONS may have given an entry, with a stop at 74
TZOO-below 50 would be the time to short, if you like shorting breakdowns(and who doesn't?). WCG--maybe support at 35?
CNR maybe an entry point in this one with a stop about 1.3
Miners like NXG,RGLD,RIC,MNG, NEM,NAK, VGZ all showing some strength--although it is a pretty V-shaped. Dead cat bounce, or start of a new sustained move??( I guess that's a matter of timeframe)
Don't forget the disclaimer . . .
Friday, February 11, 2005
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