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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: Alex Greenland who wrote (3845)10/7/1998 8:33:00 AM
From: Lucretius  Read Replies (1) | Respond to of 14427
 
the US dollar has jumped off the cliff this morning folks. I'm showing the index at 92 (it closed at 94 and change yesterday) That's a big move down. Gold should shine today.

looks like tough love again for the stock mkt, and my guess is the BOND mkt too! if you own utilities, I'd bail. The long bond may finally get pounded as it should.

BTW- note the interrealtionship between the charts of the NIKKEI, gold, the long bond, and the UTIL. I think it may give youa clue as to where each is going. keep in mind that gold has lead all of them.

-Lucretius