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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: stan_hughes who wrote (33535)5/14/2001 10:22:04 AM
From: eichler  Read Replies (1) | Respond to of 100058
 
stan,
I think we are both rightfully cautious in front of the Fed...I'm not shorting at the moment but not playing any 4 letter longs either. I'd rather wait a bit until the smoke clears some. Still think the targets below for the index look more probable at the moment, but not sure enough to short.
Been playing with KRY the last week and am pretty happy about it...so far. My thinking was/is that uncertainty for the market and the breakout in XAU would be a decent play risk-wise with the market appeared poised to retrench some.
Best regards,
Eichler