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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (45870)	2/11/2013 6:02:19 AM
From: GROUND ZERO™	Respond to of 220737

Thanks, John, much appreciated... yes, I think this market is probably running only on fumes right now... it doesn't mean it can't or won't move higher later on, but this market is so stretched, a healthy decline and shake out would be just what the doctor ordered for a more healthy rally afterwards... It's always a mystery to me why gold hasn't taken off yet considering the mammoth volume of QE going on... maybe the U.S. Dollar will actually continue higher... at the moment, I'm long the dollar and my model is short gold... GZ