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chainik

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chainik

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Re: Justa Werkenstiff post# 71524

Thursday, 02/02/2006 4:28:53 PM

Thursday, February 02, 2006 4:28:53 PM

Post# of 148479
<Nothing is long term in this market...>

Well, I now have one long-term (hopefully) trading position - GOOG (short). I'll be stopped at 434 for breakeven, but IMO there is a good chance to catch a major move down.

Re XAU 140 - just congestion in the chart. No strong opinion.

The only tools which work for me in HUI trading are Rydex flows and Hulbert's sentiment data. Both are bullish IMO. So I don't think miners are good long-term shorts.









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