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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (61625)12/13/2002 7:25:26 PM
From: The Freep  Read Replies (2) of 209892
 
I was just looking at a few of the gold stock charts, and I must say they look like they need a breather. Not that the charts look bearish, but extended over bollinger bands (and some with some not so great candles over those bands (drooy for one, gss another)), stochastics way up there. HUI close to that 140 resistance, too. Interesting juncture on them, and I don't think there has to be an inverse relationship between the gold stocks and the market's in general, so don't take this as a market forecast. <g> Still, those look like the most bullish charts around...

the freep
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