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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: gongoman who wrote (72055)1/7/2003 2:22:05 AM
From: Drbob512  Respond to of 100058
 
gongoman: I am looking more at the 30-60 min stochastics to hit 0% or close to it, along with volume to by light on that pullback, otherwise, yeller might get daily stochastic pullback to or below 25%. I kind of think we should get another rally before a daily stochastic correction of that magnitude, but have to wait and see how it sets up. Didn't like the weakness at the close, bearish reversal possibly after taking out 355 (possible double top reversal for short term). Just about an outside day to downside, or bearish engulfing stick.

Gold bull is not over, imho.

Good trading,

Dr.Bob

Good trading,

Dr.Bob