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ItsAllCyclical

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ItsAllCyclical

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Re: wahz post# 28918

Wednesday, 09/25/2002 2:05:50 PM

Wednesday, September 25, 2002 2:05:50 PM

Post# of 704019
>> we have all the makings of a bottom... <<

If that's the case I expect defensive positions such as gold to get wacked much harder than they currently are.

July produced a pretty good rally and notice what happened to gold during that timeframe:

http://stockcharts.com/def/servlet/SC.web?c=$hui,uu[h,a]daclyiay[pb50!b100!f][vc60][iUb14!La8,17,9]&....

At the very least I'd like to see gold hit $315 again and go under $320 tomorrow or friday or I'll be very skeptical of this rally having any legs.

Slowing selling long positions on the way up.

Have I mentioned that I loaded CRA sub 7.5? <G>.
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