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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Note bene who wrote (34901)1/30/2003 3:25:39 PM
From: TATRADER  Read Replies (2) of 59879
 
The hedge funds are playing a dangerous strategy by going long gold and shorting the stocks...
Of course, they have the upcoming world events figured out with a probability of 90% accuracy...
1. U.S. will attack--gold will move up to the 375-386 area
they will sell their positions into the rally...
2. Iraq will be quickly crushed by U.S. and gold prices will tumble...
3.Then they will cover their shorts and make a bundle....

Glad to see they have everything figured out....But what if the U.S. gets hit by all sorts of weapons of mass destruction and bionic warfare...What if oil fields are totally destroyed in Kuwait or Saudi Arabia....
What if they sell their physical gold at the beginning of the attack, and then gold keeps going up....
Smells like they could be covering at much higher prices and propel the gold stocks to new heights...

Since all the big money has it figured out, maybe it is time to think outside the box, and plan for the XAU to run to 120, and for once the little gizzard comes out on top...

GO GIZZARDS!!!
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