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Strategies & Market Trends : Waiting for the big Kahuna

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To: Tom Trader who wrote (3534)8/1/1997 11:26:00 AM
From: Arik T.G.   of 94695
 
Tom,
IMO gold will take it's traditional place once it is established that the markets are going down, and not just correcting on the way up.
As I see it there is a lot more to gain by spotting the new trend early and riding it. I did not have the stomach to ride the up trend since mid June. As I've stated numerous times: This bull is old and mad, and its demise is in sight.
GE might close today below 70 making a new local low, any thoughts?

Arik.

Plan ahead - Panic today
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