Hutch;
Many thanks for your comments. It is so clear that we are exactly observing the market with 180 degree different angles. I bet you are a real bear in terms of Gold, VSE, QTR, CRN, WSP, and ARP, and you are still very bullish on OEX call, Dow, US treasury Bond etc........
As I indicated it is purely my own chart readings in the market place; and I have to come up that conclusion.
I suggested that Dow might still go higher a bit, although it hit that record hi recently of 9374. At this hi of DOW and OEX I really see there is no much opportunity for money making at all, for gold and VSE this low, plus recent market behavior suggested to me that I see VSE bottom out so is gold and that long term-interest rates at 4.75% .
Besides; Alan Greenspan when his term is up he will never be re-appointed neither will Rubin in addition several fiscal policies are changing along with heavy monetary easing, I see that M2 creeping up. Very soon inflation will be on the horizon, there will not any deflation thbreat any more.
Recently I closed out all my OEX call contracts due to my own interpretation, and I jumped into the wagons of those penny stocks as I mentioned. I am doing well, especially that QTR from .62-.63 now closed at .84, CRN, from .78-.80 now closed at .99
If your observation is correct, then my jumpings into these wagons may be it is 100% purely of luck, right????? Hutch.
John Paquet |
