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

To: Crimson Ghost who wrote (22010)11/17/2002 4:05:44 PM
From: nspolar  Read Replies (1) | Respond to of 36161
 
George, if a huge sell-off comes such as one predicted by Zoran's count, or a sell-off from the Bradley peak, which could be 400 plus point SPX drop, what happens to gold equities? Do they get caught up in it as well? Or would this be the catalyst that POG needs to punch on thru this $330 area and send PM equities much higher?



To: Crimson Ghost who wrote (22010)11/17/2002 4:17:46 PM
From: nspolar  Respond to of 36161
 
Additionally George I don't think the fed cut rates because they thought everything was hunky dory. And why all the Fed activity here lately?

Trouble brewing is one likely possibility and they see it coming.

Maybe it is finally be getting close to the time for me to buy some puts.

On a personal note one of my contrarian indicators went long last week.


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