Yes, so have I, looks like it's trying to form a daily double bottom from the Jan low, might wait a little bit longer though, see where it stabilises on the weekly chart? $1.50 looks like a solid base. Thinly traded tooCanOz said:Cool, thanks DOOM...been watching EQI for an entry point and the POG isn't setting things up very well today.
Cheers,
This certainly confirms $660 ish as very good support. Related to LHG, I'd expect it to bounce well off it's $3.25 support level as well. Maybe back to $3.40 ish, which looks to be some short term resistance.Dr Doom said:Lift off maybe, or too high too fast?
kennas said:This certainly confirms $660 ish as very good support. Related to LHG, I'd expect it to bounce well off it's $3.25 support level as well. Maybe back to $3.40 ish, which looks to be some short term resistance.
I've mentioned it because it seems to follow POG. Yes, crazy pe there, but I have various pe's of this. Big Charts gives it a pe of 400 ish.CanOz said:This should put EQI up through 1.56 today. Just curious as to why LHG is talked about, its bloody expensive as a share price with a forward PE of like 55? Thier operation is expensive and is affected by diesel prices etc....
Cheers,
kennas said:I've mentioned it because it seems to follow POG. Yes, crazy pe there, but I have various pe's of this. Big Charts gives it a pe of 400 ish.
Sorry for mentioning a specific stock here, it should have gone in it's own thread.
Bad kennas! :rocketwho
Well, it could be seen to be ramping. I own LHG, so perhaps I was.CanOz said:You should be able to mention gold stocks surely...
Cheers,
Gold!CanOz said:what about GOLD, is tracks the POG very well.
kennas said:Well, it could be seen to be ramping. I own LHG, so perhaps I was.
Gold!
Oh Mr. Doom. I hope you didn't miss out on this latest move, as I have benefitted muchly from your commentary here.Dr Doom said:I think chickens 'capper' is hard at work with the pog, won't let it get past that magical $675, for they probably know it is a technical 'break out point' and indicator to go long again. A bit of blood letting for the market today & the gold stocks didn't escape, only widening the gap between a gold price that hasn't broken down and gold stocks that have. Which one is going to play catch up?. A big night tonight for all markets for if the Dow corrects for whatever reason it may give further momentum to today's sell-off?. Still waiting to get back in.
Any favourite pics Kennas?kennas said:Unhedged goldies should do very well.
Not following TRY but have NEM on the radar. See new NEM thread.chops_a_must said:Any favourite pics Kennas?
I have my eyes on NEM and TRY. I would like to see NEM go strongly through 6.20 before I get in though. Whereas TRY may break out from its tight trading range on an increasing gold price.
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