'good old regular data' - monday, page-4

Hi Pisces.

Can I make a correction. The poster you are referring to didn't say he'd dumped his gold stocks. What he said was, he had been considering buying gold stocks - and commented "what a save".

Now a few facts about Ozzie Gold Stocks.

Here are charts for the 11 biggest gold stocks on the Australian market. Seven of the eleven topped out in mid-February. One if virtually flat since mid-February. One has never been in an up trend since early December.

Not a great record since mid-February. But - we won't let a few facts get in the way of a good story.

Here is a selection of charts for the largest Gold stocks from biggest to smallest:

NCM - still in an up trend from early December.

Regis. The past week has shown a good bounce, but the trend since early December is down.

Oceana. One of the best. It was trending up before the POG began to rise in December. It's gone nowhere in the past three weeks.

Resolute. In an up trend since early December, but currently still below its high back on 17 February.

Medusa - in an uptrend since early December - but extremely volatile. Down -6.51% on Friday after US$ Gold was up on Thursday night. The draw down in late January to early February was over -20%. Hard to take.

St. Barbara. In an up trend from early December to mid-February. It's been in a down trend since mid-February.

Alacer. Strong up trend since early December. Current move up looks like an exhaustion move.

Kingsgate. Strong up trend from early December to mid-February. Topped out 17 February.

Focus. Strange chart. Topped in mid-February.

Teranga. The best performer - but in a down trend since mid-February.

Saracen. One of the best. But again - topped in mid-February.

Ramelius. Good run from early December to mid-February. Topped out in mid-February.

If you look at a chart for Ozzie Gold Miners (XGD) it is up just +0.16% since mid-February. Hardly a stellar performance. And - from looking at the above charts - that has clearly been largely a result of the performance of Newcrest, which is by far the biggest component of the XGD.

Rebacka