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


To: nspolar who wrote (22381)11/26/2002 2:42:24 PM
From: Canuck Dave  Respond to of 36161
 
I have an opinion on the dollar and bonds. You want it?

The dollar is holding up relative to other currencies. I saw a nice little article yesterday with an amusing take on the current situation, he called it "competitive devaluation". Central banks of export based economy countries competing to have the weakest currencies. How do they compete? Simple. Sell their own currency, buy dollars and US debt instruments.

J6P (you know who he is, don't you?) stays in the game and the bubble inflates a little more. One day, "Pop".

CD



To: nspolar who wrote (22381)11/26/2002 3:08:33 PM
From: isopatch  Read Replies (1) | Respond to of 36161
 
Hi ns. Just same old, same old.

Continue to average into Intermediate Term long positions in gassers and golds, with a ST trade here and there to feed the kids:*)

Think a few of our friends were a little impulsive and loaded the gold boat too early. But, that really won't much matter if we are right about the big upside that looms ahead.

Looks like energy sector is finally getting the correction I've been looking for after being pretty hot last week. Hoping for a good dip here to add several OS favs that are just too expensive to buy at current levels.

Isopatch