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Strategies & Market Trends : games trader group -- Ignore unavailable to you. Want to Upgrade?


To: John Paquet who wrote (8)9/16/1999 10:14:00 PM
From: John Paquet  Respond to of 507
 
Goldsnow, In response to that oil price +2.5% today, I did notice on the future board, yet also noticed that OIl index down another 400 point @518 far below that $530 improtant level.

If oil commodity price is ever so bullish, that oil index has to follow, these few days 4-5 days, oil index behaved very much differently, as a matter of facts, they went opposite direction oil goes up and oil index went down.

Go figure. If both are heading north consistently, then it indicates very bullish, but that is not the case, indeicates commodity contract month expiration, carry forward etc, also commodity tends to be manipilate lots controlled by the suppliers etc which is OPEC themself.

Again, it also has important impact as far as that OPEC scheduled meeting on Sptember 22, 1999.

My speculation is that It appears the outcome is very negative as oil index has reflex that kind of prediction, otherwise.

Watch the chart ever closely this week and next etc.

John Paquet

Also, if that oil has that kind of threat U.S. Treasury Bond would respond accordingly as well, in fact,it did not despite weakening dollar these days etc...

John Paquet



To: John Paquet who wrote (8)9/16/1999 10:24:00 PM
From: John Paquet  Respond to of 507
 
Goldsnow, now U.S. Dollar policy>>>>>>

Ever since SUmmers took over or even before Summers's postion pending U.S. Senate confirmation to accept Clinton's nomination Summers for Rubin job, I started to watch U.S. dollarindex very closely and statements or comments made by Summers even his Senate confirmation hearing regarding his policy of many issue domestically and internationally.

I did not feel that Summers would adopt any new policy or changes from hos old boss Rubin, only these few weeks Yen soared as Japan economy strenthen etc.

But Japan Finance Minister and governors of Bank of Japan all are againt strong Yen [policy so this is temperary market overshoot etc.... Eventually Yen will be backed down again.

Notice that also, despite that stronmg YEn situation, Treasury bond still hang in tough far above 113, there is no threat at all. Watch Dollar index as well Treasury bond 98 and 11216 respectively. Also watch DOw and Nasdaq index.

THese all will tell market turn noth or south.

John Paquet



To: John Paquet who wrote (8)9/17/1999 1:00:00 PM
From: John Paquet  Read Replies (2) | Respond to of 507
 
Profits taking my stock B Bio.al @$1.70 level yet it moved to $1.83 day hi. LOcked in gross profits near CD $7,500,, not bad not bad at all in less than two days.

As I said that I am so sure that I will make some money out of this play.

Strategies out of this are as follows:

Clike here for my explaination and preparation of the buying points as I expalined to mr.ed it was a textbook strategies, go figure folks. BIO.al followed exactly as I prescribed only one penny below my $1.36, yesterday BIO down to $1.35 and retraced back to today day hi of $1.83.

quote.yahoo.com

The reasons I rush to lock in profits are:

BIO.al is still much on paper than real production phase,

SEcondarily, BIO.al China deal 1998 is not clear at all.

Small revenue is the third, although potential looks huge yet it has not proved.

So my strategies are winning rather than investing, I rush out and locked small profits around $.30 a share.

I expect that BIO may go down to that $1.00 level or higher than I will jump the gun and buy lots of it.

This kind of stock is the best to make money by trading in and out and out and in as the liquity is so good due to very large volume and many trading activites, you see.

John Paquet