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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (15109)7/3/2002 11:06:13 AM
From: Jim Willie CB  Respond to of 36161
 
this dollar counter-rally will be interesting to watch
first they have begun to stem the bleeding
now they must somehow deceive with stories

like...
the US economy is on the mend
(yes, but how about earnings?)

the cheaper dollar will be good for the entire economy
(really? how about import prices?)

the worst of accounting scandals is over
(whew! had me worried... utter bullshit, one per month)

the Dow and S&P averages have found support here
(exactly at the S&P multiyear Head & Shoulder neckline, with target of 50% further decline)

the summer rally in July can now begin
(I hope so, since I want my golds back 30% cheaper, and please pass the hotdogs)

world trust in American free enterprise will be unshakable
(keep sipping that martini, jagoff)

dunno about the Slider expected Gold Capitulation
I give it 50-50 chances of happening
but one thing is for sure -- no institution can protect gold
/ jim



To: nspolar who wrote (15109)7/3/2002 11:19:40 AM
From: Davy Crockett  Respond to of 36161
 
Works for me, I gotta make some quick coin, before I reload the PM's

Regards,
Peter



To: nspolar who wrote (15109)7/3/2002 11:27:03 AM
From: Roebear  Respond to of 36161
 
ns,
Just noting, after taking profits yesterday also sold out remaining small positions and went to 100% cash.

Awaiting pullback targets on PM stocks and dust to settle on rest of market.

Back to the Honey Do list!

Best Regards,

Roebear