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Strategies & Market Trends : Effective Trading In Our Markets. Learn, then Earn

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To: Jerry Olson who wrote (1277)	8/5/2002 8:01:40 PM
From: jtech	Read Replies (1) of 1854

Jerry,Im kinda liking the semi.I sold some at 27 last week and got stopped out at 25 on the carry. I dont think the comp can go anywhere without the sox leading the way (no disrespect to the bios cause I dont trade them.) Gold prices are firm but the xau and hui are just stocks and when there is a strong sell off all stocks get hurt. Weve got the 10th of the month coming (when the 401k buys come in)and the fed meeting next week. Here is my plan.If the market futures really rock down in the a/m as I think they will, then Im going long and strong the smh.I will use the 27$ top on smh as the sell signal. I plan to use all my profits to buy gold stocks by the close of business 8/8/02 Greenspan Monday. I do like the oils here. My favorite TDW is a gift here. I like rig also, but this offshore taxation is a negative and looking to pick up rig @15.

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