Monday, June 06, 2005

Another Dull Monday

The Dow barely registered anything during today's low volume session. No particular movement anywhere and looking for a pulse in most places. So, not much to report this evening.

The gold and silver markets were up today but the mining stocks took a bit of a breather dropping a little less than a percent. This morning's pop was quickly sold and we ended basically on the lows of the day. This is not particularly bullish near term and we continue to wait for a good entry, or should we say, re-entry point for PAAS.

Try to stay awake long enough to pay attention to the market's next move, which we think will be down into the end of June and then into October.

Dow Industrials: 10,467.03 +6.06 (still under 10,500)
BGEIX: 10.51

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