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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: bull_dozer who wrote (37010)12/14/2008 11:31:05 AM
From: SwampDogg3 Recommendations  Read Replies (1) | Respond to of 207899
 
Yes i have and it looks about right as far as the shape goes. The targets are unimportant IMO.
The way to get through this will be to buy extremes and to sell extremes. If gold breaks $1000 in the coming days/weeks things are going to get out of hand in the gold stocks and one has to have a clear strategy to take profits and to trade around core positions. Volatility will mirror the inet days with huge swings intraday.
Wall street needs a bull market to latch on to and it looks like in 2009 it will be the PM market.