Huge capitulation in SNP shorts and golds longs.
The market-makers are killing the SNP shorts on purpose today, due to expirey of options tomorrow. Hedge funds rule (for a very short time longer).
The Japanese HAVE TO HAVE NIKKEI OVER 8200, and Yen over 122ish by month end, or their banks go insolvent.
So what do they do? Float the Hussein is dead rumor as they intentionally ramp the markets and crush gold (wagging the dog).
If you buy golds like GSS, VGZ, CUSIF.ob and BENGB.ob. You will make 2-3X your money in the next 3 months.
Book it.
"Posted by: Bernard_Barouk
In reply to: Zeev Hed who wrote msg# 86626 Date:3/14/2003 8:31:43 AM
Post #of 89908
BUY GOLD & MINERS NOW
hui rsi and williams%R most oversold since nov 2000. best buying opportunity since then.
shorts to the slaughter now.
at the bottom of a 2 year channel, had six weeks down now will have six weeks up.
weekly and monthly bars still in uptrend, still long term bull market.
weekly bars: williams%r making higher low = buy.
in this last downswing the close long signals were monthly bars, jan. at 139.48. weekly bars week of jan. 12 at 142.12. daily bars jan. 14 at 142.58.
hourly bars: buy signal march 13th at 10:00 am.and another at noon.
buy like crazy now. gold and miners."
BENGB.ob and CUSIF.ob, and GSS will be 2-3x from here in May, as we saw in both 2001 and 2002 this time of year. Then out in May and stay away."
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