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


To: ItsAllCyclical who wrote (21037)10/31/2002 11:47:57 AM
From: jeffersonkeith  Respond to of 36161
 
My worst case scenario is that they flush gold really hard and punish the dip buyers, not for weeks or even a few months but year+. I don't think it will unfold like that but who the hell knows, I've never been able to read cycles well. What i do see is that Gold is in a bull and should only get stronger with a faltering buck which has only started it's bear. As far as the way gold has run and will run with the current market, your guess is as good as mine. When the market looked less bullish gold ran with and without equities. I don't think this would continue and already is showing signs that it is not with a prolonged bear bounce here and I base this on the simple fact that there is only so much liqiudity and it inevitably chases the front runner. Time to play with the kids, adios!