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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Robin Plunder who wrote (35980)3/3/2002 11:20:21 AM
From: waverider  Read Replies (2) of 99280
 
Yes robin, I've seen that formation. Although it wasn't the main reason I went long gold, it does add to the confirmation process. The downtrend on the DOW will take a long time to develop, but it will. People still have this myopic view that the market only goes up. They will fight this thing until they have nothing left.

Dangerous times, which is why I trade and hold no long positions over a few days except gold (GG, NEM, DROOY).

Good Luck,

wr
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