Gold miner bull trend line

The gold miners are once again on the bull trend line starting back in October of 2008. If the miners break through this line, a significant retracement (price drop) may be on the table. If you want, buy some miners here, but put a tight stop to close out the position.

I am keeping my miners, even though I may see a significant retracement. As I previously blogged, if the market tanks, I can't see how the miners don't tank with it.
Short entry today, and for most of this week, I am away on business.

From WebSurfinMurf's Financial Blog