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Strategies & Market Trends : Ask DrBob

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To: gongoman who wrote (61789)6/15/2002 3:08:44 PM
From: bcrafty  Read Replies (1) of 100058
 
gongo, although I sold about half near Friday's open
I fully intend on getting back in to those same positions.

The gold pullback might not be over, but neither is its rally. At the very least there would be some kind of blow-off top like stan mentioned yesterday.

With other US equities going lower, and foreign investors pulling out, and the dollar going lower, I would therefore think that gold should be going up further. $350/oz by August doesn't seem all that farfetched.
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