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Politics : Welcome to Slider's Dugout
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To: SliderOnTheBlack who wrote (7557)1/5/2008 2:58:23 PM
From: Fun-da-Mental#1   of 50722
 
1) Cause of this move is simply continuation of multi-year trend (due to US monetary inflation plus speculation), now finally crossing the threshold of the previous all-time high 27 years ago.

2) The trend is your friend, buy the dips, etc. Pretend it's the Nasdaq in 1999.

3) Gold rallied while the general market dropped. This is a classic pattern but we have not seen it in a long time.

4) Short the Nasdaq. It may be short-term oversold already, but considering it just gapped down and broke previous support, I'm guessing it has farther to fall right now. And long-term the markets look like they've finally topped so the best shorting opportunities may be yet to come. Like Google for example.

Fun-da-Mental
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