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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: Rich1 who wrote (11120)5/5/2003 1:44:16 PM
From: t2  Read Replies (1) of 11447
 
Gold should tank pretty soon. These stocks are gaining today on continuing Dollar weakness. As soon as dollar turns around, the gold stocks, especially the unhedged names, are going to break below their supports based upon the few charts I have looked at...assuming most of them are in the same situation.

The big new bond issue (40billion) should start the dollar reversal, imho.

The stock market looks to continue this strong rally past the FED meeting tomorrow.
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