AI
Thursday, February 02, 2006 11:23:07 PM
denmo83, omandan: Gold & Tech - in February
According to this link ... http://tinyurl.com/95f3r ("Historic Monthly Stock Price Performance"), February is a bullish month for NEM (a gold stock) and bearish month for IBM (a tech stock). See graphs below.
So, as far as ETF's go ... maybe this month (February), one should be long GLD and short QQQQ. (Unfortunately, this link won't display similar info for ETFs like GLD & QQQQ)
Thoughts?
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Posted by: denmo83
In reply to: omandan who wrote msg# 19250 Date:2/2/2006 9:10:59 PM
Post #of 19268
omandan...
I began closing out my golds Jan.20th. and finished cashing out this week. Unreal returns. When will it slow down?
Who knows?
How come the futures are up tonight?
According to this link ... http://tinyurl.com/95f3r ("Historic Monthly Stock Price Performance"), February is a bullish month for NEM (a gold stock) and bearish month for IBM (a tech stock). See graphs below.
So, as far as ETF's go ... maybe this month (February), one should be long GLD and short QQQQ. (Unfortunately, this link won't display similar info for ETFs like GLD & QQQQ)
Thoughts?
=========================
Posted by: denmo83
In reply to: omandan who wrote msg# 19250 Date:2/2/2006 9:10:59 PM
Post #of 19268
omandan...
I began closing out my golds Jan.20th. and finished cashing out this week. Unreal returns. When will it slow down?
Who knows?
How come the futures are up tonight?
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Favorite Charts/Links - http://wongken96815.tripod.com/stockspage.html
"Strategy Central" board - #board-5498
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