Thursday, April 2, 2009

Stocks Explode Higher Again On Rule Change, Economic Data

UNTIL CONFIRMED BY DOW THEORY THIS IS A BEAR MARKET RALLY. Rmember I follow distribution days on IBD and use Dow theory to confirm major market trends. I believe we have entered a new bull market for gold mining and silver mining stocks. I have taken a 20% position in my retirement account.

Tomorrow look for profit taking--Gold bullion down but mining stocks continue up including SLW.

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