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To: kirby49 who wrote (68844)5/8/2001 11:55:39 AM
From: jrinvestor  Respond to of 116756
 
Bob, While the charts are showing green on the QQQ and tech stocks,I believe we are going to correct real soon and am passing on some good trades. The NAZ,DOW and the S&P sideways, does not look good. I am having a good day trading gold stocks. Looking for a late day rally.JR



To: kirby49 who wrote (68844)5/8/2001 1:37:21 PM
From: Davy Crockett  Respond to of 116756
 
Hi Bob,

I'm hanging onto GBU, (although it is very tempting to sell at these levels).

Maybe Russwinter will care to comment.

Do we have a repeat of Stagflation... (u know the Nixon/Carter years)...

I wish I knew...

Comments?

Regards,
Peter



To: kirby49 who wrote (68844)5/8/2001 1:40:39 PM
From: Crimson Ghost  Read Replies (3) | Respond to of 116756
 
The two best stock market strategists I follow (Don Hays and Steve Saville) both think we are in a bull market, but argue we are on the verge of a significant correction.

Interestingly, they differ strongly on gold. Hays is a deflationist despite the surging money supply. Does not like gold. But Saville argues (like most of us here) that we are entering a period of stagflation and that a big drop in the buck is inevitable. Extremely bullish on gold and gold stocks. As am I.