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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (13060)6/26/2002 2:42:01 PM
From: J.T.  Respond to of 19219
 
Very valid points.

Inflation is in the early pipeline stages of the new slow to moderate economic expansion, but inflation is not in sight over the next 6 months. The market hasn't sniffed it out yet.

Hence I believe there will be one more continued decupling between gold and the stock market on the initial reversal of the equity market... when that materializes.

Gold/gold stocks and the equity market will recuple once the second leg of the market broadens out after the first counter-trend reversal pulls back. Then gold/gold stocks and the equity market will move higher together.



My two cents anyway.

Best Regards, J.T.