So take that look out of here, it doesn't fit you
Because it's happened doesn't mean you've been discarded
--Big Country
Mining bulls may have gotten their 'blowoff low' signal that a low may be in. Many stocks reversed hard last week on good volume.
Nice follow thru in many of the shares today. For example, NEM pierced its multi-week downtrend, suggesting a change of course.
This action was all the more impressive in that the precious metals themselves did not do much today.
position in NEM
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
1 comment:
Before today, NEM has traded lower in 41 of the last 60 trading days.
~Yahoo! Finance
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