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


To: Real Man who wrote (87661)6/1/2009 6:42:43 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
I think all resistance will eventually be over run in a bull market, those overhead resistance points are fodder for the bull, it allows for near term short positions to scalp a few points, but the real meat and potatoes will be found in staying long for the duration...I realize I'm preaching to the choir when it comes to long term buys in gold, but all the markets are now in a bull trend, some of them in a runaway up trend, crude oil is one good example of that... we could see crude race to 80 to 100 bbl before it even slows down...<g>

GZ