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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (8523)	11/24/2005 10:20:01 AM
From: Patrick Slevin	Respond to of 12411

I think he is saying that interest is waning in the upside potential of the more popular currencies. I would exclude SF and the C$ as two of the more popular ones. Not to say that the short side on the dollar, at least, does not have profit potential. If you have a chance, check your golden spiral technique against spot gold. I'd be interested in seeing what kind of targets it might come up with. Personally, I've been selling a little of my December into the strength but going into Feb Gold on pullbacks. Gold seems to chill in January, but my targets are between 525 and 550 by Feb expiration. Difficult to come up with an exact number, as a breakout into the low 500's could see spikes. Kitco has data, spot as well as futures. kitco.com ----- Back in engineering school I had a yen to write. Sci-Fi mostly. Never could start now. Anything else in the works? ----- Wish I was where you are. Snowed here last night. I guess in the Northeast it isn't Thanksgiving without wind and leaves. Have a good holiday.