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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (361631)12/6/2007 2:21:25 PM
From: bentway  Respond to of 1578069
 
"If the feds cut by 50 basis points next week, I don't think you want to be in gold."

That's what trailing stops are for! It seems to me that when the Fed cuts rates, the dollar goes DOWN. When the dollar goes down gold goes UP.




To: tejek who wrote (361631)12/6/2007 3:45:37 PM
From: bentway  Read Replies (1) | Respond to of 1578069
 
GLD doesn't seem to be as related to the stock market as it is to the strength of the dollar.


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