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Gold/Mining/Energy : Precious and Base Metal Investing

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To: jimsioi who wrote (9815)4/16/2003 11:19:51 AM
From: Silver Super Bull  Read Replies (3) of 39344
 
Another interesting day of trading here in the general markets.

Believe it or not the overnight S&P futures were at 902+, so it seems as if we have a rather substantial reversal day in progress here. Also, could this be a triple top in the S&P? On 4/8 I posted about the possibility of a double top, and now it appears as if there is potential for a triple top. Time will tell, but 900 on the S&P seems to be providing serious resistance. And the dollar index (June futures) is once again below 100 (99.75) as I write this. As I posted in #9771, this appears to me like it could be massive distribution in the stock markets. Again, time will tell.

stockcharts.com

At the same time Gold and shares seem to have turned the corner. All things considered this could be a very important turning point.

I'm still keeping a keen eye on Russ's earlier post 9481.

DB
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