mindmeld, gold is according to the DW bell shpaed curve is at 81% statistically. It sure has a long way to drop along with the savings and loans, building, banks real estate, auto restaurant and aerospace secvtors. the oversold sectors are the telephone, biogenic, internet, semiconductors, software and computer sectors which includes CSCO.
Bambs, IMO, is intitled to his opinion and creates feel of those who post on this site so he can short stocks. Hope, the stocks run up so he can lose his A__ for creating the fear emotion for those who follow his fear tactics.
To go his route one has to believe that the internet, broadband, technology, biogeniics, software, the last mile to the corporations and home, etc. are coming to an end. I think not!
Just my opinions.
Paul |