There are only two technical analysts that I pay any attention to in this world, and Biiwii Gary is one of them*. As part of this post today in which he does his normal cool thing (i.e. slaps a couple of timely charts in front of us and then explains how he sees the market psyche) he comes up with a six point scenario that I can go for very easily. Gary sez:1) Uncle Buck tops
2) Commodities bottom and rally... taking gold with them
3) Stock market legs down, eventually taking commodities down again and yes, gold too
4) Deflation Scare Central as Uncle Buck bottoms for next leg up and assault on 80/81
5) Euro goes pfffftt, oil down for a long count
6) Economic anxiety at a fever pitch accompanied by calls for government to DO SOMETHING. Gold says 'errr, I think that's my cue'
You rule Gary, I'll go along with your plan. As mentioned this morning it's getting near serious buytime, too. As for timing each step, anyone got any ideas?
*the other is you, Grin