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Strategies & Market Trends : Ride the Tiger with CD

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To: Canuck Dave who wrote (45938)	3/18/2006 11:35:52 PM
From: Claude Cormier	Read Replies (2) of 312644

I would think that IMG is approaching a major reversal here. I would wait for the sector to confirm a bottom and the jump in. I would say that ELD is in the same situation. In the senior camp, NEM is in identical correction. We will know soon is the sector starts a new up leg or collapse into a major correction. In other words gold going to $600+ or to $500- I think we will see either before the summer. I am leaning towards the upside. Same for the O&G complex. And the USD of course down. But if it doesn't happen soon, watch out below. And juniors still in their own world with many near new highs. My opinion of course.

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