hi Jack,
you are a sharp thinker, a solid bridge player, I am sure....I usually have three targets picked on downside or upside....Example: Nasdaq first target on chart I gave was 1700, then 1400, and final downside is 1100....If Nasdaq goes lower than 1100, I really blew it...You can look at the chart and easily figure how those targets are derived....Same frame of mind with DOW, lowest target was 7500, then 8500, then 9500....All have been hit but 7500.....
Take care, i am sitting on sidelines and waiting to commence trading at the end of this year...Hoping my 100% gold stock portfolio, will bear rich rewards yet in 2001...
Problem is, we are up against commercial traders who are 80% short at this time...You can better believe they will make sure bullion does not go over 300 POG...The commercial traders are betting that the U.S. again will contain this war, and that it won't escalate to other nations, outside of Afghanistan and IRAQ....
Regards, Mark |
