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S&P 500
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1.26%
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US TECH 100
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2.17%
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Dow Jones
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Post# of 19037
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ItsAllCyclical

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ItsAllCyclical

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Tuesday, 06/23/2009 3:31:00 PM

Tuesday, June 23, 2009 3:31:00 PM

Post# of 19037
I have a feeling that gold stocks are being set up for a sell the news event post FED. Need to have at least one more washout day for gold where gold stocks decline than the underlying physical. Not a strong feeling, but think it's the most likely scenario. Thus far looks like an oversold rally, but the last rally I mostly caught in the middle and still did very well so I'm more inclined to be patient if I miss the ST/IT bottom.
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