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Strategies & Market Trends : Group Therapy
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To: E. Graphs who wrote (3146)2/22/2001 2:55:26 PM
From: Logain Ablar  Read Replies (1) of 4564
 
E:

Normally chkp also moves quick for a trade.

I assume you've seen this.

siliconinvestor.com

So do we have a company (I own a small amount in my 10% gold port) that will be profitable (assume POG stays above $260 area) this year. I can see gold doing a spike to 290 - 300 and if the FED needs to panic (june time frame) by lowering rates to hold off a market collapse (fed won't do it for naz sooner unless we see 1900 to 1800) then 320 to 350 (only on a spike cause 290 - 300 is probably a good resistance area and over 300 more production or hidden inventory is sold) could we target 5 to 8 / share?

I'm trying to positon for this now so any thoughts / opinions will be appreciated.

Tim
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