reason there down is because of shorting read this blog.. http://traderdannorcini.blogspot.com/2011_04_16_archive.html
But they will get burnt in the end because profits will outstrip the SP its seems some support for a big rally around april may going on 2006 this is from the same blog.
Lawrence hunt said this
I've been looking at the spring 2006 bull run in gold, silver and mining shares. If we are following that model this year, then next week could literally be the breakout week in the miners. We're about a week behind the 2006 pace, but after the last short-term correction, the mining shares began to take off in the second week of April 2006. So perhaps we shall soon see if 2006 is any guide to the current action.
GDO Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
