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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone)

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To: maceng2 who wrote (779)12/7/2002 10:25:31 AM
From: Moominoid  Read Replies (1) of 2852
 
After new year move up will be wave 3 IMHO since the October low.... All this as parts of wave A of the wave B of this multiyear bear market rally in my guess. Gold/gold stocks is making a good upward spurt. People looking for new highs in stocks before year's end should be aware of the negative correlation between gold and stocks and wonder if gold has finished its current upward move. I rather think not :)
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