2 replies to this topic

[gannman]

st the ewave as i see it is we are in wave 3 of this first wave down. wave 3 is usually the strongest wave so i expect another big down day tomorrow. i dont see even a st bottom until monday or tuesday. it ewave. the reason i have been so bearish is because so many sectors have been getting killed eg the semis banks brokers housing . the transports did not rally to new highs the rut never rallied to a new high. u had the qqqq's out there and the dow pretty much by themselves anyhow i do believe we have seen a major top in the qqqq's and that now all markets will be heading down again into mid december. the good news is that i believe the gold stocks at that point should be a great buy the hui is in a wave 5 . my target for the hui is 600 area. so if we get a nice pullback here there will be a lot of money to be made in the goldies thats about it good trading to all gman

[johngeorge]

gannman Thanks for your continuing updates. Good stuff! Best to you

[gannman]

thanks JG !! good trading to you