SI
SI
discoversearch

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 : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (25236)10/7/2001 11:07:58 PM
From: DrGrabow  Read Replies (2) | Respond to of 59879
 
Just wanted to respond... Not doing much tonight.

At this moment I do believe that gold will go up and stocks will go down as well as the dollar. The euro will stay weak even during good times.

Unless you believe that all the money AG has poured into the financial system in the last few weeks will find its way to gold.

Payback is hell. Inflation next year.

We had greater crisis, like the Gulf war without people running for gold. We ad Asian markets collapsing and massive devaluations there, and gold stood still, we had Russia defaulting on debt and the fear that LTCM will cause a meltdown of the derivative markets

All scenarios happened during a bull market and a strong dollar. Didn't Argentina go belly up too? I forget. The brain is old.

We had greater crisis, like the Gulf war without people running for gold

The Gulf War a.k.a. The Oil Field War was against a definable enemy i.e. borders, infrastructure, government and a conventional military machine. This war (?) is against none of these things. Should it be called the Incorporeal War?

The single most definable characteristic of this crisis is that there was an attack made on U.S. soil. That is the biggest factor to the world economy. It isn't a question of supporting a corrupted, so-called, democratic regime (Kuwait) but instilling a sense of confidence back into the American psyche as well as the world's institutions that the U.S. is still a safe haven for their investments. Hard to do when the White House is saying that there is a 100% certainty as to another terrorist attack on American soil. Add a recession, growing unemployment, horrible economic numbers and you have the makings for strong gold. What's bizarre is CNBC telling us that the good times are coming soon, probably early next year.... I think they've been tooting that horn for over a year and we're deeper in doodoo. It reminds me of the Florida Gator motto back before Spurrier showed up, "wait til next year". Of course the following year was just as bad if not worse.

Gold will thrive under an unstable environment. I'm not saying that gold will hit $350+ an ounce but the odds are that it will. And, right now, I'm playing the odds? BWDIK...........................

9:53 p.m. Gold rises as much as $3.12 or 1.1%, to $294.12 in Asia



To: Zeev Hed who wrote (25236)10/8/2001 8:05:31 AM
From: TATRADER  Read Replies (5) | Respond to of 59879
 
hi Zeev, I knew you were out there...
As you know, I don't follow anything fundamental, just charts...
If you look at the XAU chart in the past 2 years, you will observe a pattern with measurements of 42.50 by 62.50....That means once we make the move at 62.50, we have 20 pts to the upside...Of course if 55 XAU is taken out to the downside, I will be out of gold, for a trendline will be broken as well as the pattern that I see...

One of my best gold indicators is the CCI 5 period....I look for what I call a double down pattern..In the past 2 years every time the CCI 5 period goes below the -100 line, then moves up, and within 2 weeks goes back below the -100 line, you have a buy signal, and a good sized rally follows...Basically you buy heavy on the second double down..Same principle works on upside for shorting, but you are looking for two readings above the +150 line...

What is interesting is we continue to hold above the trendline....50 day holding nicely...

As far as deflationary environment, I don't argue with you there, but I see a U.S. dollar headed for 90 on the charts, an escalation of the violence, people once again buying gold, and a huge short covering rally as we move above 300 POG...

Good luck to you....A quick business question...
If you have an internet startup company that sells PowerPoint Bible study slides for religious leaders, is the best way to get national exposure, to allow a publishing house to get 50% of each sale, or just beef up your location by paying Web search engines money to keep your product before the eyes of the people?
We have a very low budget website at pointofpower.com
Have sold 30 CD's so far in two months at $20.00 a CD...

Any input appreciated....Mark