Market Direction Predictions and BS guesses Message Board

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Strategies & Market Trends : Market Direction Predictions and BS guesses

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To: the Chief who wrote ()	5/16/2000 10:03:00 PM
From: Vitalsigns	Read Replies (1) of 234

So if your conclusion is that the earth will end before next Tuesday, just put Nas "0", DOW"O" and for us Canucks TSE"-1" and CDNX-V"-4". Nikkeii -14,000 Hang Sang 8 etc etc! ROTFLMAO!!! Chief you stole my prediction , damn you <ggg> Short term :1 - 4 weeks Oil stocks :will retreat a bit in the comings weeks . All oil stocks that I am looking at , including index, are forming a very big rising wedge formation which leads to a retracement. Oil stocks will be a great buy once they bounce off lower support. Oil prices are also about to retreat (probably initiated by an OPEC announcement) to its lower range , only to come running back up again. Gold Stocks : index and individual stocks are showing perkiness on the charts which normally precedes a run (breakout) . This bottoming and rounding up looks better than I have seen for a few years, it is stepping up to new levels and coming back to retest support . Just what you want to see in a stock. Gold bullion price has not followed the gold stock lead but I have found bullion has a positive delayed reaction to a bullish move up in the gold stocks. So I expect a nice jump in prices within the next 4 weeks , it will be short lived but profitable as usual <gggg>. Thats it for now, I don't want to overload the thread with too much info <ggggg> just think Chief, you'll have a chance to use me as the threads first piniata if I am wrong <ggg> Vitalsigns

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