Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Trumptown who wrote (283149)	4/6/2004 11:29:57 AM
From: Lucretius	Read Replies (1) \| Respond to of 436258

hedge against what? it went down with stocks. i had it as a hedge and didnt' work worth sh*t

To: Trumptown who wrote (283149)	4/6/2004 2:11:28 PM
From: Michael Watkins	Read Replies (1) \| Respond to of 436258

hmnnn... strangely bothers me when you have similar thinking. ;-) I have a little gold. NGX (NXG in US), PDG though. Not small names. Might not retain them for long. a) Gold and b) Copper contracts have already broken down from a) test of top and b) a triangle - both pausing today - no decisions being made by commodity traders today. 1-3 days from now we'll see if they've done the big reversal and moved higher or continue down. Short term gold impact is more from US$ I think than Nasdaq. Currencies hanging on a edge here. USDJPY may have moved up but other major USD pairs are hanging on at or near important tests and consolidation zones. No idea which way it will break open only know that the break is much closer now than it was 2 weeks ago. Probably time to say "any day now".