Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: DataBits who wrote (17210)	8/10/2002 10:32:41 AM
From: Jim Willie CB	Respond to of 36161

if gold passes #330, how much will short cover rally push it? you think #350 ? a tough tough question but a simple swing momentum view would have gold swinging from 330 to 300 and then up to 360 my guess is that 350-360 is the zone with some extra vig the short covering could be bigger than expected but the evildoer gold cartel might swamp gold with short futures again heck, might? they certainly will I am thinking one more preliminary tease of 330 near LaborDay but it doesnt make it, on low volume deficiencies then as the stock market and dollar weaken simultaneously this mid-Sept and early-October, gold smashes thru what do you think about the simple 30-pt momentum swing? by the way, I think all this Iraq Crapp is hot air bluster mere distraction from the home front troubles in economy Europe will not back us Arab world will not back us nobody will back us "Wag the Dog" is a widely known wet rag / jim