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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Tommaso who wrote (39190)2/13/2005 9:34:40 AM
From: Bearcatbob  Read Replies (1) of 206223
 
Bear Market:

Bob Brinker (Money Talk) calls the current rally a cyclical bull within in a secular bear market - or some words to that effect. My interpretation is that we are in a bull market rally within a bear trend. The problem is obvious. Earlier this fall I got stopped out of some great positions that - after breaking trend lines - shortly resumed their march - CBI and STLD - ouch! On the other hand I have some really nice profits in XTO and PXP for example. As for near term action - there are a lot of breakouts - CRK and GW for instance that indicate to me we are going higher at least short term.

Bob
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