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Strategies & Market Trends : MDGF - Market Direction by Gut Feel ONLY!

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To: HairBall who wrote (335)2/8/2000 8:36:00 PM
From: bobby beara  Read Replies (1) of 410
 
LG, we have seen triangles like that negate their trend before, so we have to see what the market sezs and confirm or negate our theory.

The CRB came down and retested the flag it broke out of on the big run-up in gold, today.

i think the commodity rally is going to be powerful from here, grains all have big triple bottom bases, we got la nina, dust bowls conditions.

the h&S on the crb projects up another 5-10% rise, ST.

BUT i think the techs will ignore this inflationery bahumba and go on its merry way for at least several more trading days.

i'm waiting for the exhaustion gap and reversal before going short nasdaq.

it should be stupendous and recognizable to all.

b
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