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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject1/6/2003 1:07:26 PM
From: Drbob512   of 100058
 
LD: I sold off my yeller this morning, incrementally so i got some off at the highs of the day so far. It looks like we could get a double top, but don't know how much of a correction we will get from here.

I saw some bearish divergences on the Macd and ROC and overall volume on the stocks.

So if we break out above 355 on the close, it might not be that strong, and there is a good chance we will have a correction now. Either way, i am happy taking nice profits on these gold stocks.

Lots of dry powder for the next buying opportunity...

Good trading,

Dr.Bob
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