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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (52566)6/3/2002 11:45:29 PM
From: Jim Willie CB  Respond to of 65232
 
your shorterm views might be 10% right on average, stop /jw



To: t2 who wrote (52566)6/4/2002 12:44:53 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 65232
 
dollar fast approaching breakdown
Elaine Garzarelli says "breakdown at 111.8"
I say if closes on consecutive days, then look out below
it has done just that

3-day chart shows weakness Monday and evening
quotes.ino.com

3-year chart shows vulnerability down to 108 and 105.5
stockcharts.com[h,a]daclyyay[df][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G

if this happens, Garzarelli is on record saying:
GOLD WILL GO BALLISTIC

expect it, my Cannuck buddy
throw away the gold charts
a meltdown is coming very very soon
/ jim



To: t2 who wrote (52566)6/4/2002 9:42:11 AM
From: Jill  Read Replies (1) | Respond to of 65232
 
Other thoughts to take advantage of the current situation:

Buy Euros. If you want to stay cash you can even buy a CD in euros and get a paltry amount of interest on it as well.

Buy real estate--with a loan--essentially you are shorting the $. (A friend is doing that)

The $ index has futures, if you trade futures.

Also, in Teresa's room, one expert commodity trader thinks the other precious metals will go up more short term now than gold. But both gold and silver have been going up staircase fashion, i.e. a strongly positive trend.

I haven't done anything myself yet. I want a pullback (technical)

Keep stops in place!