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

To: isopatch who wrote (1225)	10/1/2003 9:55:29 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 108908

get ready for the USDollar to make new lows versus EURO and reach for the DXY 89 handle we are heading for a truly scary ride to new lows AND NUMBNUT ECONOMIC WATCHERS, PAID PROFESSIONALS, AND OTHER HACKS WILL BE SHOCKED AT HOW QUICKLY IT GETS OUT OF CONTROL we have a few more stages of ALERT status coming I have been thru a couple US$ declines in my days we got 40% more coming on the downside this will feed on itself the press totally misses how the vicious circle enters a feedback loop COMPARED TO THE 1970 DECADE... with 3x as many dollars sloshing worldwide with 3x as much debt in the economy with 5x the trade deficit WE HAVE A FINANCIAL TORNADO COMING eventually the Fed and GreenScheiss will respond by printing money, thus debasing the dollar more, and using it to monetize and purchase more 10-yr TNotes but he will feed the tornado SOMETHING HAS TO GIVE: USTBOND OR USDOLLAR CLEARLY IT WILL BE THE DOLLAR SACRIFICED THE MONSTER IS AT THE BACK DOOR / jim

To: isopatch who wrote (1225)	10/2/2003 1:09:35 AM
From: jimsioi	Read Replies (1) \| Respond to of 108908

ISO on a QQQ short.... Well to the first point....my position was established at 33.69 in the QQQ. And if it can get up to 33.60-80 tomorrow I'll sell the second half of what I totally want to be short...Today's close and roughly high were at the 38% retrace level off the most recent high to the low...hardly the point to jumping out...Secondly, as I think miners and general equities are going to go down together at some point this month a short QQQ is somewhat of a hedge against falling miner shares I might still happen to be long.. Thirdly, I've found one has to give these indexes a little room. I'll end up risking maybe 2% total when and if I get the second half of the short on...No telling where these spurts will end...likely be right back down tomorrow.. stockcharts.com[l,a]dacayiay[db][pb40!c200!f][vc60][iUl14!Up14,3,3]&pref=G.