<I intend to buy copious quantities of paper gold in time for the almost inevitable May rally, because the big picture dictates that the script be so, and Q will revisit sub-USD 24. At some point I may find it necessary to short Q in order to finance long paper gold. I will use you as an indicator for when such a trade is relatively at its safest;0)>
Jay, thank you for using me as your indicator. What a compliment. I'm not sure what I'm supposed to do to act as the indicator, so I'll just do what I feel like and you can watch and react. Heck, that almost makes me feel powerful. I control your actions. Cool!
I've already considered selling a load of QUALCOMM, but I still think the world is going to come right in a big way. Well, continue right in a big way. Little glitches like Omagh, 911 and Bali are mere news fodder for the media mavens, spectacular though they might be compared with our daily prosaic lives of wake, eat, goof off, avoid police speed traps, avoid bureaucratic suffocation, look for special in the supermarket, eat, loaf, play, sleep.
Right now, having had a little eat of yummy pesto, cottage cheese, fruit chutney and wholemeal bread and a nice cup of tea, I'm going outside to pick grapefruit and put Xmas lights on a tree before the greenery gets too thick [it's springtime still]. It's beautiful, blue, sunny, warm, cherry blossom is out, birds are all go. I'm not sure if that's a gold sell or buy signal, but there you are. Then I'm going to sister's/nephew's with compression tester to play diagnose-the-engine-failure [just like the good old days in the 1970s and 1980s]. That might be a 'buy Toyota' signal. How's that for an indicator? Nephew has just returned from a few weeks in the USA installing fruit sorting machines Made in New Zealand. Crowds of people are gathering for the America's Cup Terrorist Bomb, bringing heaps of money to Auckland/New Zealand. I guess that's a "Buy Kiwi$ indicator". Taupo's eruption and Pacific Cometary Tsunami being already factored into the market I suppose.
Mqurice |