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Politics : Stockman Scott's Political Debate Porch

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To: crdesign who wrote (1075)7/1/2002 5:20:58 PM
From: Jim Willie CB  Read Replies (9) of 89467
 
funny you mention TSUNAMI
this is the metaphor used by the same Hamilton author
he used it to describe the eventual effects of massive Fed money printing since Jan2001
those effects would be higher price inflation
after having grown the sown seeds of monetary inflation

nice factoid on A/D Line
so ADL is really looking pisspoor, which defies the major averages as they occasionally look ok
today smacks down major average health stories

but our resident genius Zeev is now fully long on stocks
he expects a clearing double bottom here
it would be at same low level as last Wedday
which was when QCOM news was revealed
he has stones

do you think this might offer a final opp to exit some gold positions in partial profitaking ?
I dont see any new gold highs to occur until August
and probably late August
we have yet to feel the full force of gold's low season
we have seen a gold disconnect very recently
gold aint rising with either falling dollar or falling stocks
if stocks do complete the double bottom, then rise, gold will fall further
gold is now a pukey #314, having failed #330 twice
/ jim
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