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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (12000)12/20/1997 9:33:00 PM
From: Brad Bolen  Read Replies (1) | Respond to of 18056
 
Tommaso

If you want to read a povocative case for gold, check out:

gold.org

and look at the article by Pomboy.

Quite interesting. I would be curious about your take on it.

B.



To: Tommaso who wrote (12000)12/20/1997 11:37:00 PM
From: robnhood  Read Replies (1) | Respond to of 18056
 
Tommy,,,I read in a book recently,,,that trading a commodity or a curency is easier,,,, the logic was,,,once a trend was estblished ,,it had a tendency to stick,,,,
rr



To: Tommaso who wrote (12000)12/22/1997 5:02:00 AM
From: Real Man  Read Replies (1) | Respond to of 18056
 
I just have a trial scenario for the 98-bear market, which looks
as follows:
1) SEA has deflation and Asian currencies crash.
2) Asia floods US with cheap products, competition in certain
areas (autos, high tech) intensifies. Hedge funds are done shorting
SEA currencies. These currencies rise.
3) US and the rest of the world also wants them to rise.
$ falls, foreigners flee US markets.
4) Japan sells the bonds, interest rates rise.
5) Kahuna.
I prefer to be short/in cash now and watch the dollar.
Too long to be true, BWDIK?
-Vi