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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (7721)11/23/2001 7:34:30 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 99280
 
Zeev:

Gold and gold stocks should rally when the buck gets hit, but my expectations are quite modest.

My comments on the stock market and the dollar were not directed at gold so much as discerning a possible trend change (stock market and buck no longer moving up together) that could be signalling the end of the current rally.

I still expect no more than a 50% correction of the rally from the September lows. Do you still expect a steeper drop?

I think the lows will be tested again, but not until next fall when interest rates should be much higher and the dollar much lower.



To: Zeev Hed who wrote (7721)11/23/2001 7:59:47 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
i am going to try to find if PBS provides transcripts of the Jim Lehrer newshour--Economic panel discussion tonight was excellent with this year Nobel Prize winner Joseph Stiglitz presenting some ,i feel,sharp comments.
Headline i would like to see from Reuters,"Market up strongly today on traditional post Thanksgiving Giving Day Manipulation":)
CBS poll of Retailers on their view of Holiday sales--49% said they think they will be Disappointing and ZERO % said they thought they would be good.Max