Saturday, August 23, 2008

Bear Market Rally for Broad Markets






Strategy:

Until proven otherwise, this is a bear market rally for the $INDU and broad market averages and the next BIG MOVE in the market is down. I look for junior gold stocks to bottom out soon and have a huge run over the next 24 months. I will wait until MFN P&F chart turns bullish. Fcx and gold bullion P&F charts are bullish.

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