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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (2033)3/7/2004 7:45:15 PM
From: crustyoldprospector  Read Replies (1) | Respond to of 60918
 
"An view that seems out of line with the last great NAS crash ..."

Oh, really? Where's your chart? Looking at a chart from the Mar 2000 NASDAQ peak and the 9 months thereafter, my chart says gold stocks took just about the same spanking that tech did:

bigcharts.marketwatch.com

I'm just looking at how things are acting the last 18 months and thinking, what gets inflated together will probably deflate together:

bigcharts.marketwatch.com

"Are you thinking that the two are somehow tightly linked as a hedge so that the ones fall neccesitates the others fall?"

No, I just think that all the money being printed is being used to buy stuff, NASDAQ stocks and gold stocks are both stuff.