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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (36565)5/29/2002 11:19:04 PM
From: Square_Dealings  Read Replies (1) of 52237
 
On second thought I decided to hedge my gold bullion tonight. Long term its going to 1000+ but probably time for a rest. All the currencies are up against resitance and I am going to respect the possibility of a bounce for the dollar from the .382 fib. Could easily miss another $ 20-30 pop on the gold here but I've had a heck of a run from 259.. I decided not to get greedy for now. I'll be back in when things settle down again.

But I'm still short GS, JPM, MER, and LEH <g> And starting to pick up some fuel cell, biotech and back in water utilities long.

The VIX looks set to ramp higher.

M.
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