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


To: SliderOnTheBlack who wrote (16006)7/19/2002 4:21:20 PM
From: Roebear  Respond to of 36161
 
Sorry Sly, I been bad:

Message 17764842



To: SliderOnTheBlack who wrote (16006)7/20/2002 2:03:46 PM
From: Stormin Norman  Respond to of 36161
 
Ok, I gotta take a shot at a prediction. The first thought I had when I heard about the explosion at ConEd was foreign terror. The second thought was that someone doesn't want the market open Monday.

My prediction is then ..... the damage to the ConEd power facility affecting Lower Manhattan is so severe that the stock exchanges will not be able to open on Monday as scheduled. Maybe the markets won't even open until Wednesday to cool the bear's heels a bit.



To: SliderOnTheBlack who wrote (16006)7/28/2002 1:14:54 AM
From: DataBits  Read Replies (1) | Respond to of 36161
 
["No more safe havens except GOLD/Silver stocks !"]

In the last 5 days HUI.X has dropped from 130 to 95 or 35 points (approximately 23%).

HUI.X

Last Trade 95.00
Change -9.52
% Change -9.1%

Meanwhile, the market has powered up 500 points on the DJIA.

Smart money holds GOLD/SILVER.

Smartest money has been short GOLD/SILVER since early last week.

A short covering rally is due in the metals over next few trading sessions as profits are locked in. There will be a serious move up in metals during the month of August as investors realize the bear market continues with lower lows.

Adding mounds of SILVER to core metal positions.

Prediction: NASDAQ hard down in August.

Shorting DELL (50+ P/E) among other tech's. Also shorting NVR, a home builder and mortgage banker. Adding to short positions during brief market rally.

Expect massive increase in credit and mortgage related bankruptcies over the next few years.

Real estate will become a weakness not a strength of this already weakened economy.

The U.S. government is strong on the new bankruptcy bill in effort to stave off potential economic damage.

Commodities are the driving force now.

Where's the PANIC? Where's the CAPITULATION?

Waiting....

Just my bits