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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad
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To: Cush who wrote (3395)9/9/2001 8:51:08 PM
From: Shack  Read Replies (2) of 5144
 
Cush n' Pete, I am still on "K-watch" myself and have not taken a position. I just can't bring myself to do it. There is something unbullish short-term with that chart from a wave perspective, too many 3-wave moves on the rallies and too much wave overlapping on the declines. Although in the wider time frame, the chart is definitely bullish.

Also very spooked by the massive gold position taken on by the commercial hedgers in the last month. I am still on the bid at $1.12.
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