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

To: Crimson Ghost who wrote (21376)	11/6/2002 10:05:11 AM
From: ItsAllCyclical	Read Replies (4) \| Respond to of 36161

>> My one prediction is that the market makes a major peak this week. << I think many would agree with that statement. Now assuming that's true what will your allocation be towards gold by the end of the week? What are your sell stops or buy in levels if you don't mind? I tend to think gold will do well regardless going forward and as such am 80% investing in the yellow. If the Republicans eliminate the double taxation of dividends it could send the market higher beyond this week. Other than that I don't see too many catalysts that can carry this rally much further. Of course any bill to eliminate the double taxation would probably take at least several months to put into place.