Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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From: westpacific	5/21/2009 3:39:16 PM
	1 Recommendation Read Replies (1) of 116555

120 Dow Jones US charts; weekly... All with bearish technicals showing oversold bounces thus far. Only one is bullish DJUS Gold Mining The hype in the past 2 months has been so thick of recovery. If I am right we are now in the wave 5 downward washout. And we will see a currency scare this summer...lets hope it does not become more. My target rests at 5800 GOLD target of 2500 into spike of 5000 by close of summer. The charts in no way demand so much recovery hype driving folks back into a market to be once again washed and rinsed. West aka Got Gold Busting 950 today

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