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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (7702)5/9/2001 10:19:52 AM
From: marginmike  Read Replies (1) of 19219
 
Good, I like the lack of interest in GOLD, the less people who own it the more the rush to buy when people accept that the dollar WILL deteriorate and Inflation is not a myth. I think 271 is the number we need to surpass. Its my belief that the move in Gold will be like an Ice age and take a few years to develop. We are on the second pitch of a nine inning game IMHO. Consumer FA is starting to deteriorate again so I have a feeling we swoon here a bit. I am long Energy and Gold. I have no tech positions, covered my QCOM poots and sold my QQQ's a day or to ago. Looking for down now.
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