Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (8702)	5/10/2001 9:59:34 AM
From: Bucky Katt	Read Replies (3) \| Respond to of 13094

Jim, the European Central Bank & Bank of England lowered rates this morn, thus adding more fuel to the eventual snap-back in the XAU, and maybe the CRB in general. They are just printing it as fast as they can, and Tony Blair wants to continue to be the "king of England" Add into this mix the conflicting (to the rosy spin) reports of lower productivity in the US, along with higher wages costs, and if/when gasoline prices crack and head south, will that maybe lead to some kind of inflation in other sectors, as it frees up six-pack cash? I really don't have a full handle on how to position to play this, but long seems to be the path of least resistance, at least for now. I still think the a few of the indexes are seriously over-extended, but the risk/reward to go short just isn't there at this point in time.