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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (14537)	11/11/2002 7:51:20 AM
From: orkrious	Read Replies (1) \| Respond to of 30712

the buck is ugly again today. this is virtually non-stop quotes.ino.com

To: Justa Werkenstiff who wrote (14537)	11/11/2002 9:21:42 AM
From: DebtBomb	Read Replies (1) \| Respond to of 30712

did the nasdaq just do a double top?? double tops are nasty we'll see

To: Justa Werkenstiff who wrote (14537)	11/11/2002 10:26:51 AM
From: t2	Read Replies (1) \| Respond to of 30712

Based upon historical price action in the dollar what we are going through now is more likely a hard(er) landing. A hard landing does not mean a crash -- a one or two day event. It is a sustained and relentless move down way above the historical norm on a consistent basis. I have posted how this has been the case this year. I guess you are dismissing the possibility of a monster surge in the DOW---something like 1000 points, in the event of a hard landing. A market rally (even if temporary) have been known occur due to serious currency risks. I am not saying Dow will rally on a dollar crash but the possibility has to exist. Bonds/money markets/cash at greater risk than stocks under that scenario. Therefore a rush out of cash/bonds and into foreign currencies, US stocks, and gold. I had read about this scenario a few months ago on a gold news website. just a thought.