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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (32001)7/30/2002 12:35:42 PM
From: Mike Sawyer  Respond to of 59879
 
Price of gold is miserable...gold stocks are going gangbusters...which comes first...POG or price of stock? I think it's a fake rally. But I've been wrong to many times to count.

kitco.com



To: Smiling Bob who wrote (32001)7/30/2002 1:10:09 PM
From: SnowShredder  Respond to of 59879
 
I was thinkin if we gap up b4 we pullback, look for the rally to be spent, but if it is a gap down, then look for signs of the boyz buying the gap.

Gold is a good question, I'm not really sure what to think of it, thus have been staying away from it. I still have it oversold, but think it might retest the recent lows when the cycle high kicks it (that is if it hasn't kicked it already). Recently if I got a gold signal, it hasn't lasted too long, only quick bounces. If there is a pullback soon, I may just buy some puts as opposed to gold, as gold confuses me, Mark is the master gold trader...bwdik?

Every day is interesting...except those slow, narrow range days.

Yah mean like today? >gg< Maybe the close will get more interesting.

Best of luck,

SS

edit...I just noticed MSFT is +.24 hmmmn



To: Smiling Bob who wrote (32001)7/30/2002 1:27:33 PM
From: Rashid Garuba  Respond to of 59879
 
Jon,

They will make shorts sweat as long as is possible.. BUT these big moves are classic bear rallies, not doubt. The DOW just recently began it's breakdown, plus the fundamentals (which do drive price... long-term) haven't changed.. Consumers are still just starting to get nervous.. 0% is back everywhere.. The faith of lenders is really something..

Rashid