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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (41556)11/17/2003 1:46:05 AM
From: macavity  Read Replies (1) | Respond to of 74559
 
:)

I will monitor it thx.
I am firstly and foremostly a technical based trader.
Then I try and guage sentiment.

Gold, yes I am bullish gold (and its shares).
I have been trading it (from the long-side) since 2001.
I have been amazed at its resilience, and would have done better buying and forgetting, but that is me.

Gold is in a bull market, those indices I showed are not.
I am bullish Gold and simply confused at bullish arguments for China (as it is not in the charts).

Commodities are in a bull market - and related shares.
When I see a share like Nissan and the sentiment around Japan, I feel that I have to dig deeper. I appreciate that the index is full of dogs but when I look at the stocks I see plenty that is good.
Maybe it is the same with China.

PS.
I define a (Secular) Bull Market as some thing that has Yearly charts rising - higher high, higher lows - and/or is above an upwardly-sloping 55M EMA.

As always learning as I go.

-macavity