To: dealmakr who wrote (21017 ) 3/3/2001 7:31:15 AM From: TATRADER Read Replies (2) | Respond to of 59879 wholeheartedly agree, dipped my toes into CSCO Friday for the first time, and got my stop hit..i received a small loss, and my capital to play another day...Below is a quote from a guy I follow on YHOO..His ideas very much resemble mine in the gold market and the Nasdaq...I now own HGMCY and GLG in the gold market again, and plan to go back to 100% exposure to gold early next week...Pullback areas remain 50.50 on XAU and 48.75.... I think what will finally get gold to my 64 XAU by April 15th is the fall of the dollar..The dollar is in a head and shoulder top formation, finishing now the right shoulder...Look for 93-95 on US dollar within next 6 months or less... 1. Yesterday the NASDAQ rallied just like the Dow and S&P. Monday, the NASDAQ should decline to new lows beneath yesterday's, but this decline should bring it closer to some type of bottom. NASDAQ is fast approaching to lower trendline support, and the momentum oscillators are diverging against price and relative strength. I expect a 1-2 day further decline, then a strong rally next week. 2. The DOLLAR still appears close to its high two weeks ago, but started to decline. A fall below 109 would strengthen the bearish case. If the downtrend continues, it will help XAU to continue the stalled rally. 3. The XAU pulled back this week somewhat, as the rally run too soon to fast, but still has some room for this correction. Expect a retracement early next week toward support of 50-51, which is 4-5% below current levels. From there, the goldminer index should rally above 54, toward 58-60 level. This would bring NEM close to $21. 4. POG pullback was underway all week to test the breakout level $262 from above. However, I think POG bottomed Friday, and after a short pullback on Monday, I expect a rally above $268, maybe even up to the $280 level.