P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: orkrious who wrote (30710)	12/10/2011 8:38:43 PM
From: prosperous	of 30712

Gold and platinum poised for a big move $300-350 over next few months (toward end of their consolidation), could be either up or down. If the govt meddling and bailouts continue successfully, the fundamentals point to an upside move (e. g. QE3 or Europe panicking) . The HUI and GDX charts are showing bearish formations though (diamond or expanding triangle) so something to watch out. Its possible stocks may decouple from the metal depending on what news causes the big move or if they move synchronously the move could be to down side. A down move could provide a good buying oppty and shakeout all recent Johny come latelies to PM world.

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