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

To: SliderOnTheBlack who wrote (15495)	7/10/2002 4:56:22 PM
From: rolatzi	Respond to of 36161

Slider, I appreciate your conservatism. However, I also think that both the market seasonality and the amazing concordance of NASDAQ 2000 and DJ1929 suggests that we haven't yet found a bottom. I expect that if we are near a temporary bottom that there will be more downside to be reached in September and October. Also, if we continue to drift down as in 1929 there is another 200 days or so for a bottom. Check out: lowrisk.com This still leaves plenty of time to complete the bullish part of the four year presidential cycle. I would certainly not bet against the the election of 2004 being a very bullish year for the market. You always seem to be a little earlier than me and often you bag better profits as a result. While I entered gold mining stocks early enough, I lightened up on my gold shares too late into this correction. I still hope for another test of the $330 in gold and look for either a breakout or failure to inform my trading. The handle is forming in the chart of POG and the pattern looks too classic a cup and handle to ignore. Also, it seems that the secular bear market in gold miners is over and if so, the bullish pattern should run longer than it has. Thanks for all the informed posts you have made over the years. Ro

To: SliderOnTheBlack who wrote (15495)	7/10/2002 5:05:13 PM
From: No Mo Mo	Respond to of 36161

"(Other than subprime/consumer credit/Homebuilders)" How about FNM? TIA, -Darin

To: SliderOnTheBlack who wrote (15495)	7/10/2002 5:06:16 PM
From: terry richardson	Read Replies (1) \| Respond to of 36161

Slider Re: "CASH IS NOT JUST KING.... IT's THE ONLY THING" Care to give your favorite currency for the cash? It's not an idle question. If I knew more about the FOREX and how to speculate in the currency markets I think that is where I would prefer to be, in part, myself. Certainly for hedge insurance, but with the US$ being the reserve currency of most of the world it will be interesting, to say the least, to see how it plays out. T.

To: SliderOnTheBlack who wrote (15495)	7/10/2002 5:08:29 PM
From: TheBusDriver	Respond to of 36161

<<BUT ! - I think (or at least, have recently begun to RE-THINK) that the only mistake "we've/they've" made and may continue to make... is underestimating the power and most importantly - the STAYING power and near endless resources of the FED in "stabilizing" and managing the market, the POG, the descent of the USD and the economy>> This has been my fear all along. The FED is omipotent or at least it thinks it is. I guess we going to find out. One thing you left out of the equation is if all that foreign investment sees something better somewhere else, the FED will not be able to stop it, eg, the Euro. Wayne