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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Yogizuna who wrote (15035)5/26/1999 5:04:00 PM
From: Roebear  Read Replies (1) | Respond to of 99985
 
Yogi,
4x4's definitely sound like a better idea<VBG>. BTW, synchronicity, I had mention of a back rub in my original post, but edited it out.
I just got a post back from Cyclist on kitco, who is always worth reading, calling for gold to make a new low June 11/14. The unnerving thing with gold and gold stocks is that it can react to political events so strongly, (yeah, I know, it hasn't lately, but then BOE sale was a political event IMO) leaving one in the dust. So while I agree with Cyclist that gold will wallow in the muck for awhile yet and maybe make new lows, your XAU call may just be right on.
It may be time to leg in, like I said about NEM under 18, my finger was on the trigger today, but I just didn't pull it, though I think I will be building a position soon over a period of time.
Now I better get back to those fenceposts, or my "supervisor" (this is starting to sound a bit kinky, eh?) will be pulling the trigger on me when she gets home and finds out I been taking too many cyberbreaks <VBG>.