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


To: Softechie who wrote (15130)11/14/2002 6:42:25 PM
From: jtech  Read Replies (2) | Respond to of 30712
 
US Gov and Fed are supporting the bubble>
I dont see how this market can go higher but I remember thinking the same thing at dow 5k.Today as the market rose xau hung in there. At close I bought ryvnx and hedged 1/2 of that in qqq long .I also bought a 1/3 more xau position.
If this is for real gold is going to have to be put down but I dont think the boyz can.Net Im long gold(a lot) and short ndx at x 1. At least this way I can trade with a hedge during the day.
I believe this market is waiting for a really big fall but?