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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Lucretius who wrote (13212)5/9/1999 2:44:00 AM
From: Moominoid  Read Replies (1) of 99985
 
The fall in the gold price Friday should hammer Aussie stocks on Monday as crazy or dumb foreigners dump anything Australian (not all foreigners are crazy or dumb <g> plenty of Aussies are too :)). Market already fell 50 pts Friday to below 3000 before this news came out. That was when crazy and dumb Aussies worried about a rise in American itnerest rates. Great BTD opportunity. I'm going to be buying like crazy. My broker will probably think I'm mad like when I bought into a resources fund a couple of months back.

David
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