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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (28779)2/15/2003 8:50:31 PM
From: TobagoJack  Read Replies (1) of 74559
 
Hello Pezz, Weekend Report: My YTD 2003 peak gain of 4.32% has been trimmed down to 3.49% on all on the talk about the war not going ahead (gold and gold shares down), US recovery not happening (US stocks down, HK China shares up), and Nato/Euro not healthy (Euro down).

I continue to believe that (a) the war will happen, millions marching or not, (b) US recovery will not, but China/HK shares may de-link from the rest of the wrecked train and get on its own rail to purgatory at a slower speed, and (c) the currencies will grind against each other and slip against gold.

Chugs, Jay
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