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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (9150)3/8/2002 3:04:22 PM
From: Louis V. Lambrecht  Respond to of 36161
 
Dunno Paul. I have many topping formations on the miners.
Some already at targets.
Also many, and PoG, with a hammer today.
This weeks Oster Dow Jones PRs were full of "funds liquidations" whatever that means.
Take your best tossing coin.
Stoch indicates a bottom also and "they" managed to close above $290.
We'll see Monday.
I don't expect much help from the CoT indicators after today's options liquidation.
But these two last days must have shaken off some weak hands.
IMHO, broader market should lure some trend followers until a shake-out next Friday.
Hard to tell.
My mid quarter to late quarter turnaround (stocks/Dollar down, gold up) still is at least 7 weeks away.