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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 443.45+1.4%4:00 PM EST

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To: Andrew who wrote (1116)1/14/2004 9:28:02 PM
From: Little Joe  Read Replies (1) of 29622
 
Andy:

Todays review of charts indicates that while the majority of the large cap bell weathers are holding above their weekly trendline, the moneystream indicator in TC-2000 is plunging. I have great respect for this indicator and seldom is it wrong when it moves so strongly.

I have lightened up a lot today and will continue to lighten up over the next few days. I am now considering puts on rallys.

It is likely that at least a short term top is in.

Little joe
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