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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Postman who wrote (20376)5/18/2009 8:44:20 AM
From: Real Man  Read Replies (1) | Respond to of 71442
 
Thanks, I am already long a bunch of expensive door stops and
associated equities, but not in a hurry to buy more at the
moment. Summers are slow in that market. Maybe in late July,
maybe on a breakout. -g-

Gold stocks have been in a slowly upward sloping trading channel
since December last year, with wild ups and downs. We are at
the top of the channel now. It makes no sense to buy technically,
unless that top is taken out. If one is trading, one should sell
at these levels and buy back at HUI=290. I'm not trading those,
thou.