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


To: TobagoJack who wrote (52414)8/19/2004 4:19:15 AM
From: Taikun  Respond to of 74559
 
Aside from cutting rates, he can:
1. Talk up the market?
2. Monetize the oil demand?
3. Call all the hedge funds and tell them to put their money to work or they'll be out of work?

Maybe he'll start hawking Hummers at the local GM dealer?

Yep, he can do all that. Invincible.



To: TobagoJack who wrote (52414)8/20/2004 10:31:15 PM
From: Taikun  Read Replies (1) | Respond to of 74559
 
Looks like the GUDD is starting, but I am leery of this quick spike over the 200dma for gold. There may be a pullback over the next 10 days. Not sure it will go below $400 this time, though. Silver has pulled ahead.
In addition to oil, will the USD now fall like flimsy Saddam statue against all of the following?

gold (have you ever practiced your NEM habit with AU, as it looks like it may be able to outperform NEM)
silver
coal
copper
Yen
CDN$
...but not Euro...?