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Strategies & Market Trends : Rande Is . . . HOME

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To: Bucky Katt who wrote (1913)1/13/1999 9:57:00 AM
From: Kevin Shea  Read Replies (1) of 57584
 
I'm not waiting around. Pulled most, and left my hedge position in place.... basically gold.

I'm a TA watcher and have been seeing signs for a while. Brazil may be the necessary catalyst that is needed to initiate a correction. Pattern analysis suggests that we see mid 7000's in Dow long term. Short term support 9350, some confirmation if Dow closes down 250-300 points. However this is only my opinion.

One interesting item was the increase in gold stocks during the recent increase in DOW and internuts. Ask yourself, why buy gold when the market is UP?
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