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: Vitalsigns who wrote (152)	6/6/2000 6:46:00 PM
From: Vitalsigns	Read Replies (1) of 234

I am going to have to update my May 16th gold prediction. I mentioned that the rally in gold would be short lived like past rallies, but with the continued steady climb in gold mining shares and Gold bullion , It looks to me like this one may go on for good and sustained run. All the indications I use now point to this. Normally we see a big spike up which prints as a large candlestick on the charts, and this time the candlestick are nice and tight and the trend is rising at a very sustainable angle of ascent. This could last a few months at this pace. as for Oil , I still see more decline over the next few weeks and that will be our next chance to load up on Oil stocks. Vitalsigns

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