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


To: getanewlife who wrote (81180)6/19/2002 9:44:33 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 99280
 
My gold stock take is a bit different from Zeev's. I also see a double top in the XAU, but expect it to be hit at the bottom of the US stock massacre.

A double top in the XAU implies a rally of over 15% from here in the next two weeks -- well worth playing. But gold stocks are the last thing you want to own when the market begins a summer rally.