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


To: SliderOnTheBlack who wrote (21476)11/7/2002 9:50:39 AM
From: onedrill  Read Replies (3) | Respond to of 36161
 
Can anyone recommend any Euro, and/or other international currency funds? Australia, New Zealand, etc?



To: SliderOnTheBlack who wrote (21476)11/7/2002 9:57:50 AM
From: Roebear  Respond to of 36161
 
Slider,
Agreed:
I think we backed & filled here at the HUI 105-115 level forming a solid, strong handed base and that sometime in the next 90 days the HUI explodes thru 175-185ish... a 50-60 point uninterrupted move similar to what we saw this spring when we stalled at 150.

I just posted a similar post over on TATRADER (EDIT: a Public Service message) and hedged my view for targets as "by June 2003". That was based on the previous moves in 93 and other years and was also, I admit, a bit of hedging in case they manage to keep the lid on POG, somehow, for a bit*. Your scenario is more likely, as it would duplicate the angles of both the decline in July and the rise in May.
*For example, on the spot gold tape this morning, the last two hours it just brings a picture to me of the FED sitting on the lid of a pressure cooker named GOLD, VBG.

I'm in IT to LT mode now, and will just relax and watch the show from here on in.

Enjoy!

Roebear



To: SliderOnTheBlack who wrote (21476)11/7/2002 4:48:54 PM
From: onginvester  Read Replies (1) | Respond to of 36161
 
Slider, the one thing you are leaving out and it's certainly a "when" not "if" scenerio. Is a capture or killing of Osama. What then? Rumor has it that he is contained in a 20 square mile area of what country I have no idea. My work has the S&P testing 960 before X-mas which also fits in nicely with your short max margin DOW 9000-9250.