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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (84531)	12/20/2008 9:16:31 AM
From: rubbersoul	Read Replies (1) \| Respond to of 94695

Could be coincidence. So far, gold is outperforming as it should be doing seasonally. Silver should be playing catch up which it has shown signs of doing. Then oil and base metals should bottom around December according to seasonals.....Base metals usually peak around March. With Obama coming into power in the new year the markets just might get the wind behind them.....maybe not.<G> We do have earnings to deal with in Jan. I looked at SU (a major oil sands stock) and it is 30% higher than its November lows when oil was around $40. Oil hit 33 yesterday. Many others are in the same situation. Forced liquidation in OCT and Nov was the major factor why stocks went down so much IMO. People expecting the markets to tank in such a way again will need the cooperation of hedge funds liquidating and major panic selling. There is still so much skepticism and negativity in the markets and throughout the public that I view it as a fairly bullish situation? Let me stop here before I talk myself out of my positions.<G>