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Gold/Mining/Energy : Precious and Base Metal Investing
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To: jimsioi who wrote (16908)8/16/2003 6:23:37 AM
From: crustyoldprospector  Read Replies (2) of 39344
 
Hi jims,

Yes, COTS are more evidence suggesting we are nearing a ST top, though I certainly get the sense that a fakeout breakout in POG is in store before the commercials really bring out the shithammer. That might fit with an HUI top around mid-week, as I think Louis Lambrect and SKI are suggesting. Also, a short, fast drop in general equities might help scare a few more folks from tech into into safe-haven gold to top off a final blow-off. Here is an interesting post on those lines:

investorshub.com

Regards,

crusty
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