Zeev's Turnips - No Politics Message Board

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

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To: sylvester80 who wrote (81447)	6/19/2002 1:27:56 PM
From: t2	Read Replies (2) of 99280

syl, Golds selling off even as Nasdaq dropped. Interesting that the dollar index is not really showing much bounce here...but my quotes are 1/2 hour delayed. The gold stocks look weak here...maybe traders think dollar has hit a short term bottom and exiting golds is a good idea. I sold my gold longs pre-market but also had puts (aem, abx, gg)and bought more abx puts this morning for a daytrade..now dumping some of these. (but my qqq and dia longs not doing much yet--I am going to be out of them if Naz goes negative 30) Maybe the market is making too much of the effects of the ME situation on the stock market.

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