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Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 362.32-1.8%Nov 4 4:00 PM EST

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To: Wade who wrote (1824)7/2/2004 9:08:49 AM
From: Andrew  Read Replies (2) of 29622
 
hmm Gold looking perky this AM.

I'd like to see a solid close over 400.

I think a close over 410 next week could have Gold push toward the highs we set a few months back.

stockcharts.com[w,a]wacayyay[pd20,2!b40][vc60][iLa12,26,9!Lh14,3]&pref=G

Weekly chart looks good

Third time might bust through 430's.

I had a feeling it would be like this. Fed starts to hike and Gold wakes up. We've gone from deflation to inflation fears.

I'm solidly in no man's land in the stagflation camp. I think they can only raise so far before it starts to hurt the economy and when it does they wont have much ammo to stimulate.

But hey WTFDIK?
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