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

To: bobby beara who wrote (28965)9/25/1998 7:22:00 PM
From: Syd Deem  Read Replies (1) | Respond to of 94695
 
Great URL! Used to follow the oscillator years ago but since then forgot the strategy. WHere can I get a quick reading on the fundamentals?



To: bobby beara who wrote (28965)9/26/1998 1:45:00 AM
From: Investor-ex!  Read Replies (3) | Respond to of 94695
 
Hi bobby,

Monday, this blip above the downtrendline is a bull trap and we are overbought in a bear market rally.

If I'm not mistaken, I believe both 1929 and 1987 rallied slightly above the DOW's downtrend line off the initial low, only to go into their famous meltdowns shortly thereafter.



To: bobby beara who wrote (28965)9/26/1998 7:12:00 PM
From: yard_man  Respond to of 94695
 
I will probably buy a little NEM or ABX on a good retrace. Already have a junior which will take higher gold prices to move and a P&P miner, so I don't want to go overboard.

For the overall market -- I like the pop in XAU now which didn't happen as I expected in the decline at the end of August.


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