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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Arik T.G. who wrote (10097)6/25/2001 1:41:59 PM
From: donald sew  Read Replies (3) of 52237
 
Arik,

>>>> Now they have to look hard for another candidate for the XAU. <<<<

Yup, closed my last HM position today. Im looking at HMGCY(Harmony), but not buying yet.

I dont like the charts on the XAU/gold stocks. Still looks like a Head&Shoulders, with further downside. The risk of not getting back in now is that if the overall market sells off strongly, the XAU may become a flight-to-safety haven resulting into a significant rally. I just play my technicals, and they say not to get back in yet, will probably be wrong.
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