> Ah, meistro, my crystal ball... I am following three companies and GLD
> at the moment,
> watching so I can time my entry right...

> Well, nothing goes up and down, poor old GLD is exhausted after
> running so hard so fast,
> so now she is retracing... she could be pausing at 92, the money flow
> has turned from -7
> to +1, but that is a very short indicator... this is a nasty bear, I
> expect GLD to hit at least
> 84, if not 82, before she turns uberbullish again... as the gold spot
> turns down, people take
> profits on their gold, gold ETFs, and gold stocks... but, it is
> possible gold will
> just turn North again at 920...

> AEM looks kinda flat, even long (six months).

> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
> Market Phase: Warning This indicator compares long term trend with
> short term price action to explain the current phase of the market.
> According to the indicator, the stock of Agnico-Eagle Mines Ltd. is in
> the Warning Phase. The market for AEM may have briefly paused from
> rising, and is now showing weak signs of selling.

> Short Term Trend:      (-5)  The short term trend indicator only looks
> at 10 to 20 day timeframe to determine the current trend. Agnico-Eagle
> Mines Ltd.(AEM) is currently mildly bearish.

> 3 Day Money Flow:      (-2)  The money flowing for last 3 days in AEM
> has been congested with slight down trend. This indicator summarizes
> the price and volume activity over last 3 days. It is a very short
> term indicator.
> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

> Recent CandleStick Analysis
> Bullish
> Date    Candle
> Feb-26-2009     DOJI
> Feb-25-2009     Inverted Hammer
> Feb-24-2009     Bearish Engulfing

> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

> MACD Short      VBe

> That's indicative you are retracing down...

> If you like the company, and want to buy it, I would watch the price
> of gold
> and hope it continues downward a tad, and grab your first batch of AEM
> at $39.
> Buy more at $32. Finish up at $26, which I doubt you'll ever see.
> But,
> if Godzilla shows up, you might even see it below $20 before this bear
> goes to sleep. Be ready. It definitely looks like a double top at $56.

> Do not underestimate the Jimmy C. factor, he can make junk float on
> water,
> I have seen it with my own eyes.

> Basically, AEM already had a nice run up from $20 to $56, so with gold
> retracing down, so AEM will take a breather. Earnings were reported
> Feb. 18th, let's see how they did... expected was -.13 to +.04 cents
> per share,
> that's kinda ugly... they came in at -.01 cents per share...

> Now, supposedly the money has been tight because of investments in
> their
> operations, and that investment is complete and ready to pay off.
> I certainly hope so, because if you are losing money with gold
> this high, well, you kinda suck at gold mining.

> Of the three stocks I am watching, this one is the least bullish of
> all.
> That could be because AEM had such a nice run for 3 months. It could
> be because it is joined at the hip with the gold spot. Perhaps it is
> because
> folks do not like companies that are losing money too...