Post by
red911 on Jul 22, 2011 9:38am
Bounce...
Looking for a bounce today.
red911
Comment by
Ummmrrr on Jul 25, 2011 6:19pm
:( no bouncewheres the bounce?
Comment by
hrattle on Jul 26, 2011 2:20pm
wheres the bounce?With (meaningful) news imminent don't discount this yet. Of course the promise of a bounce was the usual pump BS (sorry I mean opinion) but PDG is poised now for a move - if you are considering a position now is the time to at least dip your toes...
Comment by
hrattle on Jul 27, 2011 11:46am
You are a hypocrite. A little strong but fair enough.However, I did call it right - PDG was poised for a move, unfortunately it moved the wrong way and hit a new 3 month low! Not a good sign and coupled with the recent insider sales it is best to get the toes out of the water for now.
Comment by
harry_reele on Jul 27, 2011 12:33pm
I must disagree , the directional indicator for gold juniors is on the ascent and has been on a steady rise for just over one month now.This tiny blip on the screen is a real buying opportunity.A real bounce upward in the days to come is the better bet going now.
Comment by
Ummmrrr on Jul 27, 2011 12:41pm
perhaps some stop-loss triggered today, it is an interesting spot
Comment by
harry_reele on Jul 27, 2011 2:52pm
That would be the gold miners bullish percent index."Which directional indicator is that?"
Comment by
hrattle on Jul 27, 2011 6:08pm
That would be the gold miners bullish percent index.Thanks Harry - I agree the trend now for gold and miners should be up - not so sure this works well for juniors but it can't hurt.