Friday, February 29, 2008

Heavy Institutional Selling, Gold Higher--$HUI Lower

interest rates will continue much lower--Helecopter Ben will have to throw more and more money at these unstable markets. I call it Ben's Golden PUT.


Keep a trailing stop on your gold stocks. I am looking for $1000 gold very soon. Will gold stocks continue their selloff with the rest of the markets?

I look for January lows to be tested for the broad financial markets.






Investor business daily reverses and records current outlook as rally under pressure.
One of my favorite stocks SWN joined leaders down in volume--Monday I will sell my small oil and gas portfolio.

No comments: