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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (36565)	5/29/2002 5:53:40 PM
From: Square_Dealings	Read Replies (1) \| Respond to of 52237

I am using fibonnaci resistance measured off the first wave up. We are in wave 3 and gold lags the Euro. Euro is cooking. The dollar is sitting right on .382 back from the .9694 low (in 1999) to the high at 121.29 stockcharts.com[e,a]dhcayiay[df][pb20!b50!b200!f][vc60][iLg!La12,26,9]&pref=G When we crack that gold will move imo. Maybe tomorrow I bought NEM at the close and I havent owned any gold stocks for 6 months. M.

To: Paul Shread who wrote (36565)	5/29/2002 11:19:04 PM
From: Square_Dealings	Read Replies (1) \| Respond to of 52237

On second thought I decided to hedge my gold bullion tonight. Long term its going to 1000+ but probably time for a rest. All the currencies are up against resitance and I am going to respect the possibility of a bounce for the dollar from the .382 fib. Could easily miss another $ 20-30 pop on the gold here but I've had a heck of a run from 259.. I decided not to get greedy for now. I'll be back in when things settle down again. But I'm still short GS, JPM, MER, and LEH <g> And starting to pick up some fuel cell, biotech and back in water utilities long. The VIX looks set to ramp higher. M.