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Non-Tech : The Woodshed

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From: Bert	1/16/2005 12:19:45 PM
	of 60911

After studying the charts in all time frames, I think the bounce in the miners and broad market is coming very soon, but there will be considerable resistance, and I personally feel both will fail. I will be out of my PM and tech positions at that time, and will wait for the XAU to fill the gaps around 85....my take is the miners have topped for a good while, aside from this upcoming rally....when the commercials get back to shorting big time...it will be sell time...IMO. Right now it seems the dollar is going to test it's recent low...if it fails, all bets are off, it makes a successful test, watch out....Off to breakfast. Bert

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