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


To: gold$10k who wrote (26817)1/27/2003 4:36:53 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 36161
 
>> I'm not sure of much except that this is a bull market <<

Agree, but this action is really troubling. I was willing to overlook not making new highs at POG 355 and then 360...and then 365, but 370, VIX 40+ and new lows on the Dollar and still no new high? Arrrggggg.

At this point I need to be shown. As I've said before there are enough laggards that I can climb back aboard this bull if HUI 155 is broken.

I still don't see HUI 100 in the cards, but we may need to visit 138 or maybe 125 one more time and POG 340 to 350 before we get non-gold bug buyers again.



To: gold$10k who wrote (26817)1/28/2003 4:13:25 AM
From: TheBusDriver  Read Replies (1) | Respond to of 36161
 
VT did you read Sinclair? He seems to think the hedge funds have switched to short the hell out of gold stocks. This would explain some of he action we have seen at the close all last week:

financialsense.com

He wrote it on the 24th.

Wayne