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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (33398)9/21/2000 7:31:17 PM
From: Jerry Olson  Respond to of 50167
 
IKe

makes a world of sense...

solid thinking here..

me?..i'm going to buy this dip for all it's worth..there's going to be some real bargins out there tomr..

not for the long haul yet..but what a day traders delight...

Ike you know the World mentality..they will follow like puppie dogs for 1-2 days..and the round robin will continue till it exhausts itself..

Now today...the DOW reversed up 3 boxes on P&F..but now will break the double bottom at 10,550 and then head to hard support at 10,350..

what with INTC & MSFT as cap weighted in this index...

all in all...not a good senario...

My take on the SOX is we break the double bottom at 940 then go to 880...then 840 and the bottom of the P&F chart right now is 760???

same for the OEX..breaks the bottom at 770 a triple bottom and then heads to 725 fast...

let's see this action...unfold...



To: IQBAL LATIF who wrote (33398)9/21/2000 8:16:56 PM
From: penderjus  Read Replies (1) | Respond to of 50167
 
Mr iqbal,
I know the whole world is short gold, but it seems this is the season for the spike in price of gold?
I dont daytrade but just follow the weekly charts, but it seems gold is capitulating before the spike?
In all seriousness everyone thinks that gold is a fallen angel in turbulent times,If gold is worthless then what is security. What is the dollar or euro
Im long gold @xau 50 and just waiting to sell @ 50% gains.
What is your opinion on gold?



To: IQBAL LATIF who wrote (33398)9/21/2000 8:47:47 PM
From: jtech  Read Replies (1) | Respond to of 50167
 
Its time,
iqbal to be on the bear side!
Long gold,long osx, and short the dollar.
Im feeling sad for the longs but its time.
Its time to get out and im looking for your direction?