The Swamp Message Board - Msg: 24803382

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Strategies & Market Trends : The Swamp

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From: SwampDogg	7/29/2008 10:31:22 PM
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XAU/GOLD ratio hitting most depressed level since the bull started in 2001. This is either about as bullish as possibly imaginable or a sign of impending doom:) I'll go with the former. Something big has to give here. August should be interesting and hopefully very profitable. And this weekly chart just seems to have no mojo on the downside. IMO they are running out of time to break this PM market lower. Tick tock... stockcharts.com Interesting consolidation here too...decision time. Looks like ABCDE off the top...kaboom time stockcharts.com

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