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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Jeff who wrote (3136)	7/5/2002 2:35:21 PM
From: megazoo	Read Replies (1) \| Respond to of 30712

Jeff, How is 'retrace' affecting POG, and gold stocks in particular. Is their any substantial TA that says that gold price and gold stocks are making higher highs and higher lows? The correction on gold stocks that started on June 4 is just over a month old now. I guess my question is : is bull market in gold for real? Thanks

To: Jeff who wrote (3136)	7/5/2002 3:38:08 PM
From: LTK007	Respond to of 30712

because i am in a non-need to trade situation for now i can set back and watch the swiftness that bullishness can swing into action in this relentless down trend. We now have had the 25th bottom call in 27 months:) But one thing is apparent the presence now of 6,000 Hedge Funds when their used to be 100s will cause an endless series of "bottom" calls as we weave on into this slow death. It will also cause, i suspect, upside channel break headfakes. The massive increase in Hedge Funds has created a volatility that will stay with us . And those that buy at the top of these moves will be damaged severely,imo---in fact millions already have been. There are so many people at the 1900 to 2050 level of entry, it is sad. Max