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Strategies & Market Trends : Longer-Term Market Trends -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (1258)7/3/2008 10:16:30 AM
From: AllansAlias  Read Replies (3) | Respond to of 3209
 
I see no reason to get back into golds here.

Regarding equity market... Yeah, we are serving dessert to the shorts now. It could go for a little more, but the next long-term event is either a cr*** or a multi-week rally. The former is too rare to bet on, so my thoughts are already turned to the latter -- the multi-week rally.

A few important charts posted very recently are at play today:

-- $SPX up channel from 2002 lows
-- that $RUT trend line
-- the DD coil
-- $OSX setup