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 (9325)	8/9/2001 1:37:07 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 13094

Jim, a weaker dollar will lead to a mass exodus of investment in US stocks, bonds, etc, on a large scale, which will become it's own big mess. So, we seem to agree, a strong USD is in our best interest... However, don't underestimate the chance that the FED and current Treasury secretary can screw things up. Covered my VRSN/ORCL shorts/puts, and all of the others, worked out well, time for a bouncerooo? Oil pricing is a very big deal, and a stable $25 per would be nice, which is the OPEC target, but we have overshot that level by quite a bit. That 1 million barrel thing does not exist in reality, it's a future players game, period. As for gold, it does make a good daytrade, but if you look closely, many of the better quality issues in that sector are in the top 1/3 of their yearly price range, so someone is and has been accumulating shares. 2 bio ratdogs, STEM & ASTM doing well today.....they shook 'em down yesterday, so the snakes still control day trading... I like MAGS, one of our old rats, check the rat thread for the reason.

To: James Strauss who wrote (9325)	8/9/2001 7:53:07 PM
From: Sergio H	Read Replies (3) \| Respond to of 13094

Jim, there is no question that a weak US dollar will have a strong negative impact... not only here. At the present juncture, the world is dependent on a strong US economy in order to avoid a global recession. We are experiencing a tug or war between the currencies. Japanase yen hit a six week high, Eurodollar enthusiasm is growing on the basis that the Euro bank has some more room to lower interest rates and the US dollar has been near historic highs. In relative terms, the US dollar is in need of a trim and investors are not wrong in taking the trading opportunities when they present themselves. A pending substained rally in gold will be more convincing when there's compelling evidence that a foreign market will provide stronger growth and safety than our market. I am sure that at that time we will see divergence in the price of gold from other precious metals. A signal that we are not experiencing at this time. William mentioned the outflow from foreign investment that we will experience when our market is no longer number one. It's a double whammy. The market will be hurt by the loss of investment money but also by the lower relative value of the dollar. Something for the next generation to keep an ey on, IMO. Sergio ps for the gentleman than asked me about a good thread for small caps....there's a lot of good threads, including this one and the three amigo thread, but the best thing is to use every source you can find to help you make your own decisions and develop your own style.