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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Ted Downs who wrote (75904)	6/7/2002 11:30:03 AM
From: Casaubon	Respond to of 99280

I agree with the "what if" comment. I don't know know why anyone buys gold, but they do. $400 to $500 is a stones throw away. BIG investors were buying gold the past few months. Profitable, unhedged gold stocks put in cup and handle patterns recently and since doubled (though recently I have short term sell signals on those stocks. I don't know how far they will come down but, I am expecting a correction). Cup and handle patterns usually have "longer" term implications (months to years), suggesting it's not just a trading abberation.