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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: AC Flyer who wrote (40795)	11/3/2003 11:29:35 PM
From: TobagoJack	Respond to of 74559

Hello ACF Mike, <<The essence of good comedy is........timing! ... Gold Drops $7.50 On Stronger Dollar ... Just an amusing coincidence>> I consider it a blessing ... Message 19462708 ... and I am a ready buyer gold. Chugs, Jay

To: AC Flyer who wrote (40795)	11/3/2003 11:37:09 PM
From: TobagoJack	Respond to of 74559

Hello ACF Mike, <<comedy ... timing>> ... I agree with you and I hope the gold correction will last a few days to leave a dent on NEM so that I can LMAO :0) Trades from October 28-30th Message 19443791 Message 19446630 Message 19449069 ... aggregated here: achamchen.com Chugs, Jay

To: AC Flyer who wrote (40795)	11/3/2003 11:53:38 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi ACF Mike, OT, but is this what you do ? <<imports of Chinese nails grew by nearly 120 per cent>> Message 19462587 What are the economics of alternative sources? Chugs, Jay

To: AC Flyer who wrote (40795)	11/4/2003 5:24:38 AM
From: macavity	Read Replies (1) \| Respond to of 74559

GUDD? Up until this Monday, I had been long Gold e-minis and Long USD vs CHF and EUR. I was stopped out of my gold position. I was confused which way things were going to turn, as usually Gold strength/weakness has been synonomous with Dollar Index weakness/strength. I think Monday confirmed that we are seeing Dollar strength not just against other Fiat Currencies but also against Precious Metals. To those who are betting against the Dollar (at least against other fiat currencies - $USD) I would be careful. On the technical. stockcharts.com[w,a]wacayyay[de][p][vc60][iLe8,21,13!Lp13,3,3]&pref=G 1) We breached the October high yesterday. 2) There is a bullish divergence in Weekly PPO. 3) Sentiment is massively dollar-negative. In short we should 'close' the gap at 95 - the G7 communique to allow Asian FX rates to be market-determined. I believe that there is more upside, but 1 step at a time. For those betting against the Dollar versus Gold. Dollar strength is not as obvious as it is against other Fiat Currencies, but on the warning side stockcharts.com[w,a]wacayyay[de][p][vc60][iLe8,21,13!Lp13,3,3]&pref=G 1) Intermediate term Gold-Bullish momentum is weakening. 2) $GOLD did not 'confirm' the Oct high of $HUI/$XAU - not a worry unless $GOLD closes below Oct lows. In short 1)$USD appears to have reversed vs. other Fiat. Looks like those Asian CBs just can't stop buying the stuff. 2) If Gold < 366 then the Sept high ($AU) and Oct high ($HUI) could well become the highs for some months to come. This level is important as we could simply be consolidating sideways. Who would have thought it? TEOTWAWKI may be postponed - again! -macavity