<So, what do you figure?>
I see the dollar index at 110.80 and an XAU on the verge of hitting new lows.
If the rest of the world is going to continue buy dollars, then it won't matter who becomes President. What makes you think Bush wouldn't continue to support a strong dollar?
The gap at 3580 on the COMP has been closed...
The technicals were all pushing for this vacuum to be filled...Today's downslide seemed troubling to some, however it may actually be a benefit....
Richard, NOW MAY BE A GOLDEN OPPORTUNITY TO LOAD UP ON TECH STOCKS due to the unlikelihood of NASDAQ falling below 3500....ESPECIALLY AFTER THE RECENT BEATING....
The future of the World, Richard, lies in technology, not gold. Gold is insurance, a hedge against a falling dollar.
Technology represents Progress, Productivity, Growth, Art, Communication across many channels in a matter of seconds. It is not infallible; but it brings Awe and Wonder to human existence.
Shield of necessity, Supreme Luminary of Being, which no desire attains, which no negation sullies, I say Yes to You, Yes to You for all of eternity, for I Love you, OH Technology! |