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


To: steve susko who wrote (33693)11/16/2003 8:46:28 PM
From: TIPPY2  Respond to of 36161
 
Nikkei now down 350 + points .... interesting times...



To: steve susko who wrote (33693)11/16/2003 9:32:03 PM
From: nspolar  Read Replies (2) | Respond to of 36161
 
WOW!

I've thought I've saw a lot of subtle signals that things were on the edge, and were going down and potentially hard. Not the Nikkei but the US gen markets.

What I think I've been seeing is potential pattern break downs and continuation of very bearish patterns in several index oscillators (DPoint). It is quite subjective.

Little early to say yes, but I can't see how the Nikkie is going down because of Friday's US closing. It appears the winds are rapidly shifting course.

If this scenario comes to pass it is going to catch a lot of over confident longs out in the cold, as it should. If POG continues up, money could just literally poor into gold stocks.

Who knows, maybe this coming week will mark the first major breakdown in the western markets, of this century. Some would say that already occurred, but with a DOW presently near 10,000 I think otherwise.