Posted 04 August 2006 - 08:55 PM
what kept you away Chili?
It just doesn't "look" right either long or short right now. My fast indicators are turning over but my sell indicators are still pointing up. It's not overbought enough for me to place a bet against it and it's already had a run to the upside. I like to trade on higher overbought/oversold probabilities.
Next week if the general market cracks it will take the gold stocks with it...they tend to mirror the overall market in general but with more bang.
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer