Saturday, January 27, 2007

Prudent Article

http://www.prudentbear.com/articles/show/299

Short term volatility does not mean uptrend is over, just getting more selective. When it does dry up I think we will have making of important top.

Year after mid-term elections tend to be jiggy, so we'll see. I like my MM return for now for safe stash, ride trends with a little.

Commercials upping shorts on gold, no weakness yet. Watch interest rates, bonds getting oversold IMHO due for rebound of sorts, see if 4.% holds any retreat, seem headed for 5%

D

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