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Strategies & Market Trends : The Swamp

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To: Eva who wrote (171)5/5/2008 6:01:28 AM
From: zamboz   of 491
 
Eva,
Thanks for the excellent charts and insights. Yes, lots of drama with the dollar here. The HUI looks like it could be a head and shoulders formation. Volume often tells the story on H&S. Looking at the GLD chart, the volume is predominantly on the downside of the H&S. This is not good.
Got GG and SLW. Also UXG on the speculative side--though the shorts totally own it now.
This seasonal chart may give some comfort. We are at seasonal lows and should expect to be wringing our hands right now.
321gold.com
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