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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (89715)11/5/2008 2:59:58 AM
From: Crimson Ghost1 Recommendation  Read Replies (1) | Respond to of 116555
 
After looking at this chart I wish I had shorted more heavily yesterday,

stockcharts.com

Mc Osc pobably at record overbought readings.

I expect a retrace of 30-50% of the rally in the fairly near future.

Also dumped all my gold and gold stocks yesterday in favor of silver which has lagged badly.