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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: LindyBill who wrote (36516)	3/26/2004 5:49:31 PM
From: Ish	Respond to of 793670

<<Noam spends a lot of time in those countries. At their best Hotels, of course. Giving lectures for big bucks on the evils of the USA and it's allies, and the moral superiority of Socialism. He validates the hatred and envy of their elite.>> Big bucks there against the US and big bucks in the US saying the US is wrong. I'm a simple guy and the big bucks here boggles my mind. What idiot pays him for being so anti American? Guy needs to be in a small room with unclewest for a couple of hours.

To: LindyBill who wrote (36516)	3/26/2004 6:01:25 PM
From: mistermj	Read Replies (1) \| Respond to of 793670

Al Qaeda footprints in financial markets? [I'm not saying I buy it...but its interesting.] jsmineset.com Friday, March 26, 2004, 11:36:00 AM EST Gold Community Heads Up Author: Jim Sinclair In conversation with Kenny this morning, we both noted that gold is in what I call "the technician’s nightmare" which is not that infrequent once a long trend is underway. All internals are now full-bore positive, well overbought and therefore screaming for a correction. A failure to see a relatively short-lived, but possibly sharp correction is what concerns me as I look at new market trading relationships and fish for the cause. Al Qaeda is both a financial and military organization. My question is simple: Are we looking at the al Qaeda footprint in the market? Last evening, I spent three hours writing my assessment only to tear it up and throw it away because I believed it was not publishable.So in a sense I am addressing this to my dearest friends, Kenny Adams and Monty Guild, who have been with me since the beginning of the 1968 to 1980 big bull market. I know you are both hard at work on your individual and proprietary methods of analysis and are seeing extremes in the market that must strain every ounce of your analytical strengths. I too am seeing this but am actually scared to death of what it means. I do not believe it is as much about market forces as it is geopolitical in nature. You both know that I am proficient - possibly more so than any other person in this industry - in understanding the market footprints of major players. Each major shaker and area of trading tends to execute their interests in unique ways. Click HERE to see Cutie QLTI. QLTI in 1999 and 2000 was a Swiss operation. One Swiss bank that operates stock situations often leaves a "Stair Ladder" footprint. This situation went from zip to $80, split 2 for 1 ($160 on original shares), made a classic top formation, returned to zip and then to $24. The early part of the zip to $160 was an operation, IMO, based on some reality. I want you to see how I did well in this situation by recognizing early on a footprint and getting aboard. There are many different footprints. I have shown you the footprint of the Exchange Stabilization Fund in the US dollar which is unmistakable. Okay, I know there is no such thing as the ESF if you think "fund." But if you think of it as a trading account of the US Treasury, executed by the major members of the unofficial Cartel of Common interest, then you realize I know this business inside and out. My Major Concern: You know that there was significant, unexplained -either fundamentally or technically- buying of Puts and selling calls in the airlines' stocks just before 9/11. This has never been defined or investigated. Here is what bothers me. I see a footprint in the US dollar that is not the Exchange Stabilization Fund. It is not the German Blitz-Market. It is not the Swiss Stair Ladder. It is not Pinky Green and his pal. It is the footprint I showed you last night and one that I have never seen before. If I were Interpol, the CIA or the NSA, I would reacquisition the chart of the options on airline trading for 90 days before 9/11 and see if the footprint now in the dollar, which is unique, matched the footprint on the buy of the airline Puts and the sell of the airline Calls just before those exact airlines hit the WTC. There is a scary combination taking place which is a skewing of relationships caused by a huge interest in the market muscling new market trading relationships between items by their execution. Please consider the following: 1. Asian currencies are strong on balance. 2. The US dollar has been accumulated over the past 7 days in a unique footprint. 3. The euro is weak on balance 4. Gold is strong, period. 5. The stock market, although it should be near a technical bounce, lost its bull appearance and has gone to neutral. 6. Commodities are quite strong, most certainly traditional war commodities. 7. We have a price crisis but not a supply crisis in energy. What fundamentally would make the relationship above come into the markets? If my little friend in Kenya, the Seer, Mahendra Sharma, gets it right, what would be the reason? Well, it is an unthinkable event in the Middle East that causes concern that Euroland is the next target because its security is lax compared to the USA which has become a thinly veiled police state. Would that not do the following?: 1. Launch gold into the stratosphere? 2. Strengthen the US dollar by default because the short side is simply ENORMOUS. 3. Cause mixed events in equity markets. 4. Put the price of oil to at least $60 if not higher. 5. If it was serious enough in light of this scenario, could it possibly postpone the November US elections? The evidence that such an event is possible is in the marketplace. This need not happen but should be thought about. If it occurs, the motivating factor that could go down in history as the modern version of the killing of Arch Duke Ferdinand is the recent elimination of the Hamas martial cleric. So what can we do? I can only tell you what I have done in words which is easy. But actions, well, they come hard. 1/ I straddled my trading positions in gold long and short via gold options. I am long the June $430 gold Calls, long the June $400 gold Puts and long the futures. I will continue to sell the futures into strength and buy on weakness using the simple Power Up and Power Down Trend lines. If I turn the Puts into confetti, the Calls should work well for me. I will continue to produce $$ by trading the futures, buying the weakness, and selling the strength on the most simple of all techniques which is the Power Up and Power Down Trend lines. 2/ I am holding my core position intact.