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

To: Bandit19 who wrote (81045)6/18/2002 9:57:41 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
In my opinion, gold stock are going to be tricky and frustrating short term, I think the XAU will put a playable double top by the beginning of next week, and then come down hard with the rest of the market during the late stages of phase III, the difference is that then as the market comes back up, the XAU might go further down in the summer, maybe to retest the high 50' low 60' area, by mid to late July. Just a hunch.

Zeev



To: Bandit19 who wrote (81045)6/18/2002 10:53:24 PM
From: mishedlo  Respond to of 99280
 
Bandit - How will you decide when wave4 is over.

Could it be over already and wave 5 ready to kick in.

Gold stock charts have recovered and wedges are forming all over the place.

Is the break down or up.

I ask the same Q to Velo if he sees it and cares to reply.

Thanks


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