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Strategies & Market Trends : Moufassa's Lair

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To: moufassa7 who wrote (12468)4/7/2003 3:37:33 PM
From: James C. Mc Gowan  Read Replies (2) of 13660
 
Looks like a blow off top here, big time fade on the 'tanks through the streets rally'.
Nibbling at golds again, but I'll be patient before loading the truck, natural gas roaring with 10" of April snow for the East coming.

Target for rebuy of gold in earnest is lower, maybe mid teens for POG or so.

Energy, gold and overbought tech stocks, MaxPain on QQQ is still about 25 1/2+, so it had to come back again.
James
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