alarm bells, page-20

Hi all,

Well my chart tells me that after the great recent run that IGR reached an overbought level on the RSI and quite possibly could pull back to maybe 44c. The MACD also looks like it is about to turn down. I considered selling some of my holding earlier in the week based upon this and my view of a looming market correction which may also hit gold stocks.

My end decision is to hold because : -

1) Any stock market correction could see gold price go up
2) I do not think any correction to IGR would be that big
3) I'm not a trader
4) IGR is close to first pour
5) IGR is a gold stock I want to continue to hold so would add more on a pull back - say to 38c.

But I can understand if others have decided to take some profits.


sents