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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (59437)8/13/2002 9:25:12 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
I think it may go up to 114 before turning back down. This should coincide with stock market rally. Specs were fleeced in gold and silver again, but only large specs. Small specs are still long, close to all-time high! I think we may have another dip in gold and another run in dollar. I expect the dollar to go down from 114 and make a new low, but nobody is interested in the dollar collapse, so going down too fast is a bad thing. Too many bag holders. BWDIK? I'll be buying the dip in gold in the 292-296 range, if it ever gets there. Perhaps, it should get there by the end of August. Then we'll see September rally in gold (stock market will go down?)