Recovery Bounce Soon

Gold Stock Technician
"Those of you who feel more comfortable with GDX, you may purchase GDX anytime tomorrow below $49.20. We fully realize that there may be a bit more short term downside noise in the gold stocks, but at this point, the next significant swing is most likely to be a recovery bounce, and we feel that such a bounce should kick in within a few days, if not sooner." (1/16/08)

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