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To: JRI who wrote (62813)1/6/2003 1:29:36 PM
From: At_The_Ask  Respond to of 209892
 
The spx and dow looks like irrational exhuberance. But I guess any rally in this market could be called that.

gold is melting. I could see one minor new high for golds but I think it's doomed.



To: JRI who wrote (62813)1/6/2003 2:03:13 PM
From: At_The_Ask  Read Replies (2) | Respond to of 209892
 
Ona bearish note the spoos have retraced about .382 of the entire advance from oct to dec in just the last 5 days. A reasonable area for either an end to this move or at least a pull back. I'm gonna try for .5 but may bail.


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