gift, page-29

"I agree with Vendor, not clearly out of the woods yet- but I am still long term bullish."

Expanding a little on that;

I actually think we have seen the low this time even though I have been wrong on that more than once which is why I agree we shouldn't count our chickens before they hatch.
As I posted the other day, the charts indicated a rally that might last 2-3 weeks but rather than a slow start it rallied very hard over just a few days suggesting to me it might correct earlier even if we have put in the low. It could have kept going but we had a small correction in gold last night and a correction in the HUI.
What I would like to see now is our gold stocks hold up (around even or only a small pull back) during a minor gold price correction and then take off again with gold. Our gold stocks holding up today with some closing higher would be a very bullish signal.
A higher low for gold preferably above around $1220-1230 with gold stocks rallying hard off intraday lows today will add to my confidence. I've been trading SLR, NCM and RRL aggressively the last few days, but held no producers overnight last night to lock in the strong gains. Good chance I will be buying again today depending on what I see. I think it’s better than 50:50 that we have seen the low. My post last night is one reason why I expect gold and gold stocks will move to record highs over the next year or two. If so, this is one of the stocks that should perform extremely well.