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


To: macavity who wrote (50519)5/26/2004 4:42:47 AM
From: energyplay  Read Replies (1) | Respond to of 74559
 
Gold, both physical and miining stocks,is a very small market, easy to manipulate, and subject a number of funny effects.

I would look at year or longer trends.

JPY / USD is much bigger, and moves oddly before the end of Japan's fiscal year...

The Dow is a small index which tends to be over priced.

Since you are doing intermediate term, this may not matter too much. Big, profitable swings in that time frame.

Might want to look at BKX bank stocks vs. gold

Not sure I would be short USD past early June.