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Strategies & Market Trends : Strictly: Drilling II

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To: nspolar who wrote (34086)12/3/2003 11:04:23 AM
From: Andrew  Read Replies (1) of 36161
 
DOW jumped back into its rising wedge an touched the top line camed back down touched bottom line and bounced back up. NAZ did it too but not quite as high.

GOLD majors are following this pattern. PDG has fallen out of wedge and is rallyying hard now. V bottom on 5 min.
I suspect this is a setup for a spectacular failure.

We'll see what Greenie says next week I think he speeks.

I see a hint that Fed will start tightening sometime in new year.
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