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To: loantech who wrote (4369)8/13/2009 8:24:37 AM
From: Rarebird  Read Replies (2) | Respond to of 26251
 
Mining stocks are currently under distribution and Gold is following equities.



To: loantech who wrote (4369)8/13/2009 9:21:28 AM
From: Rarebird  Respond to of 26251
 
Aussie Dollar:

Wave B, a countertrend rally is over. Wave C should carry the market to new lows near 50 cents.

For today, I envision a more choppy day in the stock market as the rally Wednesday is consolidated. Friday is looking like the downtrend in stocks which started last Friday could return.