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


To: nspolar who wrote (6053)5/6/2004 9:21:29 AM
From: steve from ihub  Read Replies (1) | Respond to of 60923
 
tuesdays nice move up in pog has now been erased. what is more disturbing is the usd is well below the levels of tues am. gold tanking with a dollar that is falling. gold traders/fools cant get a break.



To: nspolar who wrote (6053)5/6/2004 11:56:53 AM
From: crustyoldprospector  Read Replies (1) | Respond to of 60923
 
FWIW and with all due respect, I'm not getting too cute here with TA -- Bradley, EW, trend indicators, channels and trendlines, etc. If I time it right, sure, I can switch to USPIX and puts at the top, a whole what -- 3% NDX above here? But, if the market takes a serious swan dive, I might miss out most of a 30% rise in USPIX.

Holding now, USPIX may be dead money for a number of months, or I may catch the out-of-the-blue dive. But either way, I win. Staying out, I don't gain much more and could miss out on half the fall if it is a fast one. Just can't see not holding some here.

Regards,

crusty