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Re: opnion post# 417105

Thursday, 08/11/2005 4:27:36 PM

Thursday, August 11, 2005 4:27:36 PM

Post# of 704041
<< Your wish is pog command, done already. $hui looking quite nice, maybe a run up this week to 217ish. >>

Opnion,

I got my g440+ and you got your hui217ish.

Not a bad day! From another post by you:

<< Although the rise in pog today is straight up and should correct some. Still the move is powerful. >>

I agree. In fact, normally when g is up strong, xh will sell off sharply at 1:30 EST when g closes. That sell-off today was extremely mild relative to today's gains. I see this as a change of character portending better things to come. Sure, we may well have some sharp pull-backs, but it appears that gxh intend to move higher. Looking at INO, thirty minutes delayed of course, the dollar just dove from 87.1 to below 87. I see 87 as a critical line in the sand for the dollar and if it cannot get back above 87, tomorrow may be similar to today. If so, then Basserdan's advice may be prudent: take some profits by tomorrow's close. I happily took the day off work today and enjoyed following the move, but tomorrow I won't be near a computer until well after the close, so I may be looking to book some profits Monday morning if this continues. Otherwise, I will ride out this dip and sell some on the next rally. I did sell some USGL at 1.97 today, only to watch it close at 2.15, but I am happy with the profit and glad to have a little cash on the side for the next dip.

Alas ... I runneth off at the mouth. Just a little excited, I guess, as I am expecting a nice gxh run over the next couple months ... and then years.

All the best - Ken

P.S. INO now shows d at 86.9. It will get a sizeable bounce, likely over 87, but the question is can it hold above 87 when it does. My guess is ... not for long.

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