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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (52389)5/30/2002 2:04:47 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
US$, VIX, VXN, ADL, XAU, HUI bearish for stocks now

USdollar
VIX option volatility OEX index
VXN option volatility Naz index
Advance Decline Line of cumulative adv minus decl stock count
XAU old Gold Index
HUI new GoldBug Index

scarey summer upcoming
have your jockstraps ready and waiting (and clean)

I think Gold Miner Stock watchers are missing a key piece of information
they are looking with TA glasses in routine fashion
the indexes are certainly stretched
but my belief is that big players know something is brewing
like a JPMorgan gold desk blowup
like massive Miner Hedge unwinding
an explosion is right around the bend
this is not a typical market
it is a formerly controlled manipulated market which is only now after 12 years wresting itself clear of govt and other criminal shackles

throw away the charts and Technical Analysis
a gold meltup is coming
/ jim



To: stockman_scott who wrote (52389)5/30/2002 5:44:22 PM
From: Boplicity  Read Replies (5) | Respond to of 65232
 
well you know me, I love a big obvious sell off, I really hate this kind of market, since I can't read it. So, when that happens, I think endless sideways, with failed rally after failed rally, on and on and on and on till what's left is the strong and the bored, and the all the scared money has been long ago absorbed or used up in one big spike down. I like long run-ons too.. <g>

b