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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (11038)5/21/2002 5:36:47 PM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Jim, I have been trading the Q's & the S&P futures short (following month, obviously) before options expiration for a few months now.

It has been a lock trade so far.

I don't think there is much support for the naz at all, we should still see the Sept low taken out..

As for gold, how many realize gold is traded in dollars, which means with the sinking value of the dollar gold is much cheaper for overseas buyers?
Like I said a few months ago, I could see overseas investors unloading US stocks whenever they got volume on the buy side. Are they now buying gold & gold stocks?