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


To: Real Man who wrote (84901)1/9/2009 5:30:11 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
I see the bonds sold off some after the markets closed, so I may have been premature about covering all my bonds, but there's always Monday... I did get a confirmed sell signal today and prices did act accordingly... also, if you look at the daily chart pattern, there's a 6 or 8 week cycle that is topping out, this means the sell signal came at the right time for another possible leg down...

On another note, gold is behaving very well considering the strength of the dollar... I believe once the dollar begins to weaken again, that gold will skyrocket over night... I don't know when that would happen, but the chart pattern for gold is becoming more and more bullish, I'm already loaded up for that ride...<g>

GZ