Crystal Ball 4 - 2004.03.10

Platinum, silver and uranium are going through the roof. Copper is correcting.

The market is distributing, but still is not too far off its highs.

Interest rates are looking to go down - bad economic reports, election year.

Chart below is CDE -  SSRI is similar.

PAL is even better (Palladium)

Crystal ball says - more correcting of gold for a few more weeks, then it will be headed up.

General market : I expect another top higher than its current high of 2153 (NASDAQ) on 1/26/04, but it will drop after that and not recover this year or probably next year. Meanwhile precious metals will become more precious as people get fed up with market and want something other than paper to hold.

And Rambus currently in a correction with market, I expect it to continue within its uptrend channel, but I also expect it to be flat for awhile.