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Strategies & Market Trends : Waiting for the big Kahuna

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To: Ralph W. who wrote (30464)10/6/1998 4:42:00 PM
From: Brad Bolen  Read Replies (2) of 94695
 
I saw the golds as a currency play. Not really a demand issue...at the moment.

Shorting MOT was a duck shoot. Covered already.

Looks to me like if a crash is in the future, the next two days are one very fine window for it. The anchors --Russell, Trans, Naz(?) --are all falling over the side of the boat and the DOW is holding the chains in its hands.

Going long here seems hopeless. Nothing holds gains. If anyone sees any interesting plays, please let me (us) know. I am still open to the Gold idea.

Best of luck to all...

B.
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