That is enough fooling around with the bulls on this blog for a while. Whether or not stock bulls capitulate and present a buying opportunity, it is a bear market and it would thus be a bear market bounce (BTW, the Trannies are finally breaking down from the megaphone I showed a while back - not good). I will chronicle their fate but am unlikely to join them any time soon in any way but trading - which I won't mention here.
I had been getting beaten like a red headed step child on my (mostly smaller) gold stocks for so long that it seems like I lost energy on posting about them. I held them and added the washouts, but really didn't watch them too closely, having made my decision to bag hold rather than trade at a certain point. It is funny how you can see a correction coming (all that Dow-Gold ratio reset/recalibrate stuff I wrote) and still get mentally fatigued by it.
But yesterday shouted WAKE UP! In that light I present below charts of some of the precious metals stocks I favor. I own several of them as they are among those about which I said "nuh uh, not selling" when I was preparing for the oncoming correction with HUI over 500 back in March. These are stocks, yeh? Well, shortly I'll be back to posting about what I think is really important like the Gold-Oil ratio (Otto's all over it too), Gold-Silver, Dow-Gold, etc. But for today given that a lot of people are trying to make up their minds about whether to take a poke at the sector again, we got stock charts.
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