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


To: Jon Matz who wrote (59477)8/14/2002 8:27:09 PM
From: Real Man  Respond to of 94695
 
P&F, 200 and 50 DMA, trendlines, stochastics, and seasonality. August is a weak month, September is strong, November is weak again, but that should be the bottom. I think this gold correction will continue until November, and gold will sit in a trading range. Then we explode into June 2003. I also don't like small traders being close to all-time high net long gold contracts, while commercials are short, large traders flat. Common sense dictates we should take small traders out before moving higher. But then again, as always, if proven wrong, reconsider?