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Re: basserdan post# 5416

Thursday, 11/20/2003 8:19:08 AM

Thursday, November 20, 2003 8:19:08 AM

Post# of 19037
Dan ... my own opinion is that gold is trading in the upper end of its trading range too-- but not above it. If it spikes another 5-6% from here, then we've got a top (with a cherry on top) but if it doesn't? Gold could meander in a bullish channel a lot like the Naz has (since April) and we all know how many times I've called the top there. :)

So having said that, the longer gold meanders in the bullish channel-- the higher I have to set my targets-- the bigger my expectations are for an even larger break-out.

Got Gold
Got Oil & Gas
Got loonies

I think I'll be ok...






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