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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (10315)10/12/2000 12:43:37 PM
From: Alan Whirlwind  Respond to of 42834
 
I agree Kirk, the Nas should be down triple digits on today's news. Gold is up, but only one or two percent. Negligible. If gold spikes over $300, then we have a situation. Shorts could be forced to cover and the move could be spectacular before it's over. But right now things are still hanging loose.



To: Kirk © who wrote (10315)10/12/2000 3:05:57 PM
From: sea_biscuit  Respond to of 42834
 
I think a respite cannot be ruled out, especially as we enter the favorable November-April season... But then "favorable" in this context might also mean that we lose "only" 10% as opposed to 40% during the "unfavorable" May-October period.

As Einstein said, "It's all relative" ;-)


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