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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: whydididothat who wrote (29160)2/4/2002 9:43:33 AM
From: Terry Whitman  Read Replies (1) | Respond to of 52237
 
Gold bugs moment of truth arrives today. The big break out or the big fake out? decisionpoint.com!GOLD,uu[618,248]dkhannay[pc200][ilxa][dfx][J1271985,Y]

Hope that chart works.

Thanks for the links. Will have a look.

I am positive about the future here mainly because the internals tell me to be. Using similar reasoning- I was VERY negative on the market during the whole blow off in 1999 and 2000. The internals suggested the market was not justified in it's enthusiasm. I pay no attention to news, earnings, etc. That's all a smoke screen. Internals now suggest that the market is not justified in it's pessimism.

The only problem is nailing the timing down. Things could still get worse before they get better- Lower lows than last september are a slim probability though, as that was the cyclical low, IMHO.

When there are 300 posts a day on the latest 'gorilla' stock thread- instead of 300 posts on the CFZ- that's when you should be worried about the market's future..

Regards,
TW