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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?

To: Cush who wrote (4468)	7/3/2002 1:20:09 PM
From: Davy Crockett	Read Replies (2) \| Respond to of 5144

Hi Cush, I agree with everything in your post...especially this part "This is a very worrisome market For now (probably just for the summer), I am playing the techies & bios & am trying to play against the negative broader sentiment & as you say, the apparent market manipulation by the PPT. As long as they continue to hold GOLD down & the US dollar up I'll continue to play the NAZ techies. I'm intrigued by the inverse (almost tick by tick) relationship between the GOLD & NASDAQ index charts Of course, all bets are off as we approach spooky season... will probably be back in cash & GOLD/Silver. BTW, here is an interesting chart stockcharts.com[h,a]daclnnay[df][pa56!c20!f]&pref=G You will to squint, but this chart suggests that in the past we have had a nice bounce off the 37-35 level the past 3 summers for a nice albeit quick summer rally. Low levels indicate an excellent buying opp & high levels indicate sell or shorting opps. Regards, Peter