Huey takes a breather at our short term resistance @ 360, then shreds it on the way to a panic fueled rise to the intermediate target. What next? Beats me, but in this weekend's letter I am going to lay out possibilities for re-entry points for anyone trading out, or just plain entry points for people who want to be aboard but (rightly) refuse to chase.This is the kind of power the gold stocks showed back in the bear market (2000-2002) that was merely a warm up for today's big, ugly and angry grizzly. This bear market is gold Jerry, gold! For the gold sector's fundamentals that is.
I am seeing the first signs of acute 'death of the dollar' hype again. The dollar is nearly to downside target. Whatever lay directly ahead, it is going to be interesting. If you love the markets as I do, that is good news.
