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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: MythMan who wrote (253640)8/1/2003 4:44:46 PM
From: orkrious   of 436258
 
Date: Fri Aug 01 2003 16:23
trotsky (frustrated) ID#377387:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
no doubt the action in the gold stocks today is telling. it's the exact reverse of what happend shortly before the pre-Iraq war top, when they barely closed in positive territory on a $9 up day in gold.
i trust that the action is just as predictive as it always has been. presumably today's run on COMEX stops has flushed out a lot of longs...also, note that the CoT report was NOT an unmitigated disaster, due to the fact that small specs added over 9,000 contracts in short positions.
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