that gold will break 725 in Feb. the stageing above the long term consolidation is extremely bullish.
Oil will see 80 before 50. A break above 62 is the key and pile in signal.
Other than that this market is a yawn. Semis continue to weaken, and now the software sector is breaking down. That represents more than 40% of the NDX. What does that tell you.
Good luck out there.
I predict
Started by
2cents
, Feb 20 2007 06:16 AM
1 reply to this topic
#1
Posted 20 February 2007 - 06:16 AM
My opinion isn't worth the HTML it's written on
#2
Posted 20 February 2007 - 11:49 AM
Gold just got cratered for $12. Time appears to be running out for $725 in Feb. - unless you mean Feb 08.
Oil dropped also. Hanls fractal appears to be working for gold today. Two more months down is an ouch.
OTIS.