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


To: longdong_63 who wrote (84182)3/3/2004 2:04:23 PM
From: bcrafty  Read Replies (1) | Respond to of 100058
 
LD, just sold my last gold this morning LOL

Sold my KRY that I bought near the February low (RSI now at 90)

So I take it you think the dollar's rally is finis? If so, why so?

stockcharts.com

Or did you enter your positions irrespective of the dollar's moves? If so, why so?



To: longdong_63 who wrote (84182)3/3/2004 5:26:06 PM
From: gongoman  Respond to of 100058
 
Say LONGDONG
I just jumped in a plane, sitting in florida waiting for my boat to Grand Cayman. I was going to add to some gold this morning , but figured I would wait just a little longer, I would like to see a couple of days back to back over 400 with good volumes. Meanwhile, I am hoping the oil sector can stay hard, I am fully invested. Looks to me as though maybe some areas of the cdn market are poised to move up . I am watching TLM tommorow to see how and what news is announced. Hope you are well , appreciate your comments .
Mj



To: longdong_63 who wrote (84182)3/3/2004 5:27:01 PM
From: gongoman  Read Replies (1) | Respond to of 100058
 
Say LONGDONG
I just jumped in a plane, sitting in florida waiting for my boat to Panama / Grand Cayman . I was going to add to some gold this morning , but figured I would wait just a little longer, I would like to see a couple of days back to back over 400 with good volumes. Meanwhile, I am hoping the oil sector can stay hard, I am fully invested. Looks to me as though maybe some areas of the cdn market are poised to move up . I am watching TLM tommorow to see how and what news is announced. Hope you are well , appreciate your comments .
Mj



To: longdong_63 who wrote (84182)3/4/2004 1:17:54 AM
From: Drbob512  Respond to of 100058
 
LD: I am and have been highly invested in PMs and we shall see if the bullish divergence between mining stocks and gold prices results in higher prices for both in the next 4-8 weeks. I still believe that a top in gold won't occur til April.

But first resistance is at 400, then 416 and then retest of 431, but i don't know if it will get to 431, let alone your 455-460 target. I was more confident about 450 before this last correction, but the techicals will tell the story.

Good trading,

Dr.Bob