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Strategies & Market Trends : Beat The Street With SI Traders

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To: ItsAllCyclical who wrote (27062)1/20/2010 11:25:49 AM
From: ItsAllCyclical  Read Replies (1) of 233807
 
Lower 1000's in gold looks very likely sometime in the next few weeks. HUI at some support today (on the lows), which if it holds could lead to a partial or full retrace of today's losses, but overall the direction is still down. Dollar should make new ST highs soon. I suspect 80-82 on the Dollar index sometime in Feb. Neither buying nor selling today as I was high cash going into the day. If the general market gets going to the downside like I think it could in Feb, then liquidity concerns will become an issue again w/the juniors. I plan on staying mostly w/liquid issues again in 2010.
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