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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Trumptown who wrote (41714)12/19/2002 11:10:14 AM
From: Terry Whitman  Respond to of 52237
 
Oil stocks are behaving similarly. Although the price of crude is near new highs, the stocks are lagging - much more so than golds.

Maybe these both reflect a basic fear of owning equities?

Break out ahead or not- the bull market in gold (the metal, anyway) obviously did not end this summer. I'm not buying anything that is vertical, however. Those reversals come too quickly once all the rocket fuel is spent. <g>