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Hi Bouraq...hope you don t mind me dropping in from time to time to give the occasional comment.Two things:Last year(maybe you remember, maybe not) I posed the question ...could the Nasdaq go back up to its old highs of 5000+? I thought so- that inexorably the Naz would magnetically keep climbing up and we re about 11% away.I m amazed myself. 2nd:Gold is hanging in there as the dollar lifts off to the upside.Seems bullish unless it has a major breakdown from here (below 1285-1290).These markets are fascinating AND bizarre at the same time.Any thoughts on a trading channel for gold? (Only if you have time)Cheers.
I don't mind at all but you still don't have a username so I have to call you anonymous every time :) Nasdaq can easily go to 5k because I'm sure there are loads of gaps from 2000 crash that needs filling. As you said, it's rising magnetically. I'm not very optimistic about gold as I posted a chart today.
Hi Bouraq...hope you don t mind me dropping in from time to time to give the occasional comment.Two things:Last year(maybe you remember, maybe not) I posed the question ...could the Nasdaq go back up to its old highs of 5000+? I thought so- that inexorably the Naz would magnetically keep climbing up and we re about 11% away.I m amazed myself.
ReplyDelete2nd:Gold is hanging in there as the dollar lifts off to the upside.Seems bullish unless it has a major breakdown from here (below 1285-1290).These markets are fascinating AND bizarre at the same time.Any thoughts on a trading channel for gold? (Only if you have time)Cheers.
I don't mind at all but you still don't have a username so I have to call you anonymous every time :)
ReplyDeleteNasdaq can easily go to 5k because I'm sure there are loads of gaps from 2000 crash that needs filling. As you said, it's rising magnetically.
I'm not very optimistic about gold as I posted a chart today.