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

To: Zeev Hed who wrote (77505)	5/28/2001 10:20:10 PM
From: t2	Read Replies (1) \| Respond to of 99985

Zeev, I have not followed "COT" much. What do the "commercials" indicate for the S and P500 and Nasdaq. How good of an indicator is this? Thanks.

To: Zeev Hed who wrote (77505)	5/28/2001 11:54:44 PM
From: American Spirit	Respond to of 99985

Yes, I'd avoid gold as an investment. It has few uses in the world anymore except as jewelry and that's not going to be a growing market in a cautionary economy. Also despite gas prices there's still almost no inflation. If you want to be defensive buy oil stocks. At least we need to use the stuff (unfortunately) and some of the stocks have actually gone down this year while gas prices have gone up substantially. I'm looking at three kinds of buys now: - Beaten-down oversold takeover candidates - Energy or tech blue chips on dips - Beaten down smaller companies with lots of cash relative to market caps Unless you're a day-trader I'd stay away from volatile high-flier techs (if there are any anymore?) except after big sell-offs. I'd also avoid real estate, gold, biotechs, luxury product companies and big ticket item producers, and almost anything after sustained substantial run-ups. But everything depends on the current price and that's just me. Bargain-hunter extraordinaire.

To: Zeev Hed who wrote (77505)	5/29/2001 7:28:05 AM
From: Crimson Ghost	Read Replies (1) \| Respond to of 99985

I have no problem with you or anybody else turning negative on gold after a run. But you go way beyond that -- you are the permabear's permabear. Your statement that the CBs are itching to sell everything is totally unsupported. But at least you do seem to recognize that they have already leased out a large part of their reserves and no longer talk about 32000 tons of CB gold overhanging the market. Now just 20000 tons. BTW, the GATA suit was the topic of a major article in the NY Post today. So they are starting to get some big time publicity

To: Zeev Hed who wrote (77505)	5/29/2001 11:34:43 AM
From: Graystone	Respond to of 99985

How are you doing Ziddi or It always nice reading your posts Zeev I see you are taking some heat over here for your gold stance. Personally, I know the entire market is volatile when I see you have the closet door open and your suits out, at all. Many of you know Zeev as the premier turnip truck driver on SI. A good way to get the subject changed would be ask Zeev about something else, he really does know a lot about everything. #reply-15865065