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TJ Parker

06/20/03 11:40 PM

#122210 RE: Zeev Hed #122204

"the HUI is kind of making a double top here"

hmm. if so, isn't that a triple top? (6/02, 1/03, 6/03)

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plexxus

06/20/03 11:57 PM

#122213 RE: Zeev Hed #122204

Could be....looks like the USD wants to rally here given the positive divergence on the MACD. That could spur on some type of reflex move towards the end of the month with gold likely weak. Perhaps a topping move intermediate term for the markets.
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Babylon

06/21/03 12:06 AM

#122214 RE: Zeev Hed #122204

It sounds like you're betting on a deflationary, or stagflationary scenario, with the existing relatively loose monetary policies, and fiscal stimulus (at least in the IT). What's your take on the effects LT, 3 years and beyond?


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oeo2oo

06/21/03 8:11 AM

#122226 RE: Zeev Hed #122204

Another way to view the gold stock action: