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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (62804)6/5/2006 10:34:20 PM
From: mishedlo  Read Replies (4) | Respond to of 110194
 
Date: Mon Jun 05 2006 14:33
trotsky (@pm stocks) ID#248269:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
the only thing that can really upset the pm apple-cart has struck again - weakness in the broader market. we have a growing liquidity problem at our hands - and although everything is 'oversold' the market keeps falling, a very bad sign.


I rarely disagree with Heinz but we were NOT oversold headed into today IMO.

As for gold, my target = 580
many targets 850
I am looking to buy the August low.
If it is a high, I will sigh and remain on the sidelines.

Mish