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Strategies & Market Trends : Steve's Channelling Thread
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To: Crimson Ghost who wrote (17990)6/14/2001 4:14:41 PM
From: Zeev Hed   of 30051
 
George, careful on gold and the XAU, I think that its time will be next year when the dollar really weakens, the small blip in the dollar today, IMHO, is just a retrenchment from an overbought position. Gold , IMHO, will attempt (and not succeed) in making a double top, and then in the second half go and retest the $250 area. Watch how the lease rates are coming down fast.
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