A Jackass, his PAL(indrome), and GOLD Message Board

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Pastimes : A Jackass, his PAL(indrome), and GOLD

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To: ItsAllCyclical who wrote (268)	1/20/2003 4:26:05 PM
From: yard_man	Read Replies (1) of 1210

some posters have pted to the touching of the 200 dma and 50 dma (i.e. two times) -- I think there is reason to assume that these mark similar, but not identical periods. If so, this is "like" the period of consolidation around HUI 80-85 after an initial bump, from which the rise to 150 first started stockcharts.com[m,a]daclyyay[de][pb50!b200][vc60][iUb14!La12,26,9]&pref=G if this is a similar consolidation period, I think the next target is above HUI == 210. I agree that HUI might drop back to the high 120's. My inclination is to think like Jim -- why worry about the fluctuations. Recent sentiment isn't anywhere near crazy bullish and many think it will drop with the first bombs -- just seems to me that is apt to be wrong -- just as wrong as the only thing the economy is suffering from is a "lack of confidence."

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