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Strategies & Market Trends : The Swamp
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From: SwampDogg10/24/2007 9:55:09 PM
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PMs may be good to go right here
Risk is only down to $HUI 370 anyway which is par for the course in this environment. That is the most obvious technical read but IMO we don't get there.
If the Fed cuts by 50bps the gold shorts are done

Fed has a choice...
the buck or the whole ball of wax
With the #1 mortgage lender in the US looking like it has a date with zero they may not have much of a choice

stockcharts.com
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