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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: TraderXx who wrote (79505)6/17/2002 12:20:35 AM
From: mishedlo  Read Replies (1) of 99280
 
Trader, I am holding a small amount of gold.
Right now I am mostly cash.
Just cant bring myself to short too much at these levels.
I am holding leap puts on the DOW as well as some puts on a few other companies.
Will trade short intraday but not hold too much short overnight.

As for gold, the charts do not look good to me either.
I am waiting for POG 310, and/or some gaps in some gold and silver stocks to fill.

In case gold runs I have a small position that I do not intend to trade (but if it spike up big I probably will take profit and pray for a pullback). My best guess is that Gold Stocks might get really hammered when the Naz bottoms and rebounds.

EWavers have suggested that this is a decent wave down coming but I really know nothing about ewave.

Sheeesh is there nothing sacred during the Nasacre?
All clown longs will be destroyed, no matter what stocks.

M
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