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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: crustyoldprospector who wrote (1021)	9/27/2003 2:02:34 PM
From: nspolar	Respond to of 108662

crusty, no I really don't. I will just say I did some gen gandering about last evening, looked at various things that I don't always look at. I'm not a rapid trader type so I don't necessarily look at the same things they might. I like large long moves. Several indicators are already awful deep and the pullback has not even really started. Been more wrong top callers on this run than you can shake a stick at, and I suspect there are still a lot of closet bears around. Bears OTOH would say indicators are going to remain stuck and we go down deep. I personally see market pullback possibilities likely but maybe not that deep nor that long lasting. I think the really good shorting comes next year, and in the interim the markets could set highs above what they did this year. So I don't know how much I am going to participate on the short side right here. If I do it will be with short term in mind. Have one short at the moment and that is it. I also looked at some money flow index stuff in select gold stocks, gold, silver and dollar futs, and I'm not all shook up here re golds either, but waiting until Monday to see what happens. I still have not decided if this HUI pullback is a iv of 3 or a 4. iv's/4's can be wicked and are hard to trade, due to rapidity at which things occur. Just like here. If it is a 4 then these 300 HUI targets we've been hearing are wrong, and we will be lucky to hit 250 imo. A few already have HUI as having topped. Not in that camp. I sense the economy is perking up a little. This is what the in crowd want for next year, and they also want to continue driving the dollar down. And I think the chances pretty good they get most of what they want. I thought the TNX had bottomed the other day. Well it hadn't but it can't be far off. I think it is initially a good indicator of an expanding economy and a weekening dollar. Eventually it becomes counter productive re the economy, but I think that is a little further down the road. Those are my views at the moment. May change em next Monday. All I think your targets and strategy sounds pretty sound, and that is you don't intend to overstay your welcome on the dark side, near term.

To: crustyoldprospector who wrote (1021)	9/27/2003 2:32:30 PM
From: gold$10k	Read Replies (1) \| Respond to of 108662

Hi Crusty, FYI, Zeev says... "I still have a mild bounce, maybe o the 1860" investorshub.com "1640 area is still the most likely." investorshub.com A setup like Naz 1860 could tempt me to take a position in RYVNX (Rydex' 2x inverse NDX). Regards, vt

To: crustyoldprospector who wrote (1021)	9/27/2003 9:07:09 PM
From: nspolar	Read Replies (1) \| Respond to of 108662

crusty, just took a break from some outside work. Looks like the pooters are really loading up on Oct. QQQ's if Yahoo! is correct. Jeez Louise! Lots of poots. And here is an interesting EW scenario by Shack, which I kind of like. SPX didn't hit the fibs I had as most probable. ttrader.com