AI
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| Alias Born | 06/16/2004 |
Thursday, May 26, 2005 2:01:40 AM
*xe - unless you think it's time for precious metals and oil to diverge from the broader markets here... have you thought about exiting those positions and doubling up on the bear 200% inverse funds of URPIX and USPIX?
Of course, the only thing that stinks is you have to wait a day...
You saw my post making the case for a further decline in XOM, which I use as the proxy for the oil stocks, well the same story can be said of NEM... between the bearish decline in volume despite a recent rise in price and the RSI(14) under the 50 level...
What do you think about this idea? And heck, I'd love to see if I can help you get to that 25K threshold as quickly as possible through the trading of the Profunds...
Of course, the only thing that stinks is you have to wait a day...
You saw my post making the case for a further decline in XOM, which I use as the proxy for the oil stocks, well the same story can be said of NEM... between the bearish decline in volume despite a recent rise in price and the RSI(14) under the 50 level...
What do you think about this idea? And heck, I'd love to see if I can help you get to that 25K threshold as quickly as possible through the trading of the Profunds...
HI-HO SILVER !!!
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