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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (87676)6/1/2009 4:08:57 PM
From: Real Man  Read Replies (1) of 94695
 
I'm quite worried about everything crashing at this point
of the rally, but gold equities would probably lead like
they did last Fall, both to the upside and to the downside.-ng-
Which makes them an indicator of sort for the broad market.
The bounce in the clownbuck will be bearish as well.

We are getting close to your target for the spoos, kinda
like the last hurray. I am just expecting a correction,
but who knows how deep da rabbit hole goes. Not selling 'em
short yet, but the trigger is ready, maybe give it another
30 spoos points of upness. It feels like the market went
too far too fast, a lot of TA indicators are quite overbot, but
it's not time to sell it yet as long as it keeps going higher -g-
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