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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who wrote (13049)6/26/2002 2:10:01 PM
From: yard_man  Read Replies (1) of 19219
 
diff POV, FWIW. Gold and gold equities are in the last stages of a correction -- these shares and the market in general are really not anti ... except over fairly short timeframes. It is this expectation that causes you, perhaps, to view the recent pause as a sign of weakness for the golds and impending strength to the market ... I think it is the coupling that you assume in the first place that you should check.

That said, I am anxious to hedge the miners at the earliest possible moment as I think there is a very real non-zero chance that the market and gold miners go down hard together in the next couple of weeks.
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