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


To: nsumir81 who wrote (18928)12/8/2002 11:02:17 PM
From: orkrious  Read Replies (1) | Respond to of 30712
 
dollar selloff and futures suddenly down..

I knew there was a reason I shorted some semis during the spike on Friday. I think that the door now isn't big enough for everyone to get through



To: nsumir81 who wrote (18928)12/8/2002 11:50:13 PM
From: t2  Read Replies (2) | Respond to of 30712
 
dollar selloff and futures suddenly down

Going to break the yearly lows soon. Now there are too many calling for weakness in the dollar to support manufacturing....the voices are getting louder now. The world knows this...and with so much in USD reserves (a bubble?), there may be too many rushing for the exits at once. Talk of strong dollar policy that we are likely to get from the new treasury sec. is going to be just but an attempt to make it a slow drop.

Time to hold gold as a hedge at the very least...and maybe a few puts.