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Tuesday, August 02, 2005

Dow up 60 on good volume. Advance/declines 2 to 1 positive. It all looks good but we are getting some divergences in the McClellan oscillator. The new highs also have not taken out the previous number. I'm patiently waiting for a signal. Gold didn't move today but the XAU finally came to life, up over a point. ABX up on good volume and I think that will be the next play if it allows me to do it. We shall see. Just got back from a hike and that will be all for today.

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