Monday, April 6, 2009

YOU bet the correction is kicking in

Tomorrow I will post some "SNIFFER SCANS" issues that I use to filter out issues used to make the "BASE CAMP LIST"> The Base Camp List is the "jumping-off" point for a number of issues that pop-up, beginning a Summit Run.

As Bearish MACD crossovers and Bearish Candles overwhelm their Bullish Counter Parts.

While the 24 hour commodity charts [ 60 min ] have Gold in a ST rally from the 870's, you must ask yourself how far it can run, $910 maybe?

Bottom line, money is flowing AWAY from equities now. That results in the tide going down or a correction...... to the Rally. Now it becomes possible that TESTS of previous levels may begin.

Good Luck,

DG

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