Longer-Term Market Trends Message Board

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Strategies & Market Trends : Longer-Term Market Trends

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To: AllansAlias who wrote (1555)	8/5/2008 9:36:12 AM
From: ItsAllCyclical	Read Replies (2) of 3209

HUI - Gold - Dollar A few charts to clarify the current destruction. We're getting closer to buy pts in some respects, but I'm leery of buying a v-bottom due to the longer term charts of the leaders. This kind of correction usually takes a bit longer to base/undo. Would like to see Dollar/Euro closer to ST/IT tops/bottoms. Both appear to be in the middle of ST/IT moves. Still 100% cash here. Made some money trading SKF and SRS on vacation, but had to spend more time than I wanted watching the computer. Golf was awesome. Match play really brings out the best in my game. First 18 holes sank a 25 foot from off the green, 15 footer for eagle, 12 downhill/side hill to halve hole and 50 foot putt for par to win hole. Match went down to final hole/final putt. Sank a 5 ft tester to win outright.

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