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Solid foundations. New horizons.

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Message: Historically oversold

According to bigcharts.com's MACD (12,26) divergence lines http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ca%3Aprb&insttype=&freq=&show= Probe Mines has never had such an extreme weekly oversold condition. With the Gold/XAU Ratio at nearly 10, This IS NOT THE TIME TO BE SELLING!

Prior to the days of big banks and hedge fund involement in our sector the normal general range was from 3 to 6. You bought at 6 and you sold had 3. Why would ANY fool be selling in here at almost 10???? The answer is, NO PERSPECTIVE and a significant lack of market experience or the show is being brought to everyone by slick highwaymen. Stick to your guns, I am.

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Apr 10, 2012 08:07AM
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