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Strategies & Market Trends : Classic TA Workplace

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To: illyia who wrote (64530)1/25/2003 11:59:20 AM
From: yard_man  Read Replies (2) of 209892
 
Sinclair is weird with all his talk of official re-monetization ...I'm not buying it because I buy that.

Everyone I see is very cautious on gold, hedging, shorting or trading out of trading positions. War premium is widely accepted as a fact, but we've had two manic spikes and still haven't closed down on either day. HUI has 3 white sticks closing higher each time ...

I guess everyone wanted to make a bundle overnight and got disappointed. A correction is always possible of course, but I doubt it is going to happen right here ...

Everyone is mumbling about State of Union address next week and a huge short-covering rally for stocks. How often has Bush opened his mouth and stocks have went up ...

I'm probably all wet. Gold and gold stocks fixing to get hammered and the Nazcarp is going to 1600 ...tune in next week <g>
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