Tuesday May 31, 2011
This weekend we predicted, for this week, that
Stocks would start their rise to a final Mid June High
Gold, silver, oil would join the rally
The Dollar would pull back
Correct on all three
Now with bonds down last friday how come TLT is still up, just making fun of Bill Gross I guess...I must admit I thwacked the monitor a couple of times thinking TLT was stuck at its present price.
SIL is up as predicted and can still be bought but only for a short term trade!!!!
Patterson PTEN hit previous resistance after four straight days of advance, today's close was 31.33,
35 the 2008 high in PTEN lies ahead, think the Titanic and the Iceberg....
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