Thursday, March 6, 2008

Broad Markets in Correction

Remember our leading indicators? MER at new low. FCX and $HUI in bull markets.







With no upside leadership in sight and the risk of a third leg in the downturn increasing, the Market Pulse's outlook changes from "Rally under pressure" to "Market in correction." IBD today

I will continue to hold a basket of gold mining stocks until I receive a "sell signal"
Be very cautious out there!!!

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