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Re: opnion post# 258

Monday, 08/01/2005 11:58:18 AM

Monday, August 01, 2005 11:58:18 AM

Post# of 358
Well, I'm still long it. And I have written puts too. So, we'll see. All the talk about H&S and Inverse H&S are jumping the gun. Both patterns are there, but neither one has hit. Until one hits, it's pure speculation.

Interest rates are sill creeping higher and the economy is still healthy, so that helps Gold. but, in order to get real direction on the stock, I think it will have to break 40, or lose 35. (and, even if it loses 35, I agree that it may not mean the end)

50 would make me berry berry happy.

GT

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