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mlsoft

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mlsoft

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Re: None

Thursday, 06/12/2003 11:33:11 AM

Thursday, June 12, 2003 11:33:11 AM

Post# of 704019
I may end up getting waxed, but I am as short as I have been in a while (JNPR, KLAC, CDWC, CCMP, and MU). AG has been jamming often this morning but there has been a lot more selling into him than has been the case recently. The fundamental news remains very poor and I think that may be beginning to weigh on traders who are starting to lock in some profits.

All with tight stops though - AG has proven to be stronger than I expected many times since this rally began.

I also like the way gold stocks are acting - if AG cuts rates as expected, it will put more pressure on the $USD.

mlsoft

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