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Annapolis Bancorp, Inc. (ANNB) Message Board

  • hogwash012002 hogwash012002 Jan 6, 2005 7:44 AM Flag

    Swanson latest newsletter

    says he is getting close to re-enter the gold stock sector, and of course if you are willing to subscribe, he will tell you exactly when.

    Points to watch is dollar resistance at around 85, XAU support at around 90, gold the metal at around 424, the non farm payroll number at 8:30 this am, FOMC rate increase, and the Iraqi election. Whew!!!!!

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    • think PDG, ABX, NEM, and BGO are all worth trading when the bottom has been reached (no guarantee that the next leg up will begin ever, so calculate risk to reward, and determine stop loss, mental or hard (and if you got etrade, you could put in a hidden hard stop)). HMY still is not a good choice, unless that merger noise is finished (which is highly unlikely, can be played when that is finished).