As Jim Rogers states, there are a lot of people bearish on gold(and the shares) now. So, is there a place for a contrarian here? Well, I happen to be interested in watching chart action once a stock or an average approaches the 100 level, or 1, 10, 1000 or 10,000. Isn't that where Probe made a recent bottom or very near to it? Whether it be approaching it or declining into it, these 1's or 1's with zero's areas pack a punch.

So what does this mean for Probe holders? It means the sentiment for gold shares may experience a reversal in the course of time, sooner than most might expect. Just looking at a chart, nothing more.

http://stockcharts.com/h-sc/ui?s=%24XAU