by spot5050 » Sun 09 Jan 2005, 20:46:29
marec, in your OP you said;
$this->bbcode_second_pass_quote('marec', 'I')f the technical picture is correct, stock may lose 40% of its current value in the next six months...
The Gold market is showing even worse signs. Gold can test $300 an oz in next six months also.
But now you say;
$this->bbcode_second_pass_quote('marec', 'S')tocks will probably go down, but I would hold on to energy stocks (my favorites: ExxonMobil, Suncor, Headwaters, Petrocanada, Exelon, E.ON). Recently, China has been murmuring about increasing its gold imports. If that is true, then this year might be bullish on gold.
So what are you saying marec? What is the point of this thread? Are you bullish or bearish now on stocks and gold?