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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (75347)4/18/2001 4:37:16 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 99985
 
Haim:

If you think the dollar index will slide below 100 soon, gold stocks will SOAR. I am not that bearish on the dollar, but still ahve a nice gold fund position. If I thought the dollar was about to tank I would double the position pronto.

Sold QQQ today, but probably will repurchase if we get a decent pullback.

I remind people here of something I said when Cisco came out with its horrendous news.

THE NEWS DOES NOT MATTER, BUT MARKET REACTION TO NEWS IS EVERYTHING.

Perhaps now people can see what I was talking about.