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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject2/15/2002 4:37:52 PM
From: Crimson Ghost  Read Replies (3) of 36161
 
The failure of POG to hold above $300 today despite a weak stock market was disappointing. I expect stocks to decline considerably further, so gold still has a good chance to prove itself next week. But if gold cannot break through $300 decisively on further significant stock market weakness, it will time for the bulls to pull in their horns for awhile IMHO.
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