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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Zincman who wrote (132191)9/30/2008 10:16:06 AM
From: Land Shark  Read Replies (1) | Respond to of 312310
 
Probably on the anticipation that they'll try to run the $700B band aid through again (with minor changes). Other than that it's the usual ups and downs and profit taking etc..



To: Zincman who wrote (132191)9/30/2008 5:50:10 PM
From: SwampDogg3 Recommendations  Read Replies (2) | Respond to of 312310
 
Not strange at all
Quarter end rebalancing and buck repatriation
Gold just in a 1 week consolidation of large gain off the mid month low.
Last time Euro was at this level gold was over $100 lower
Stocks look good to go
Buck is going to dive
Nice monthly hammer on $XAU (would be very rare to not see follow through) Last time we had one like this was before the biggest run of the bull and this one looks more powerful
Stoch at low with years to run

stockcharts.com

PM investors have to be right and sit tight. A couple of years ago FRE/FNM didn't make any sense but it took some time. Just buy the good stuff and stay off margin.