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Old 08-22-2003   #8
wig
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Quote:
Originally posted by Serge_Oprano@Aug 22 2003, 07:33 AM
when gold is gonna fall???

I have a feeling that Sept/Oct be interesting months in the market
I know.... ;-))

Posted: Jul 2 2003, 07:22 PM by the Wig. ;-))

Quote:
I am no long term fan of the dollar right now (long term being next 3 years). In January of 2002 I projected a significant decline in the dollar and even gave the date in March I expected it to accelerate at. The dollar index has fallen from 124 to 92 since then.

Now, I have a large cluster of cycles lined up that I think will usher in an intermediate low. I believe that the US Dollar will see a large rally into December -- perhaps as high as 105-110 but at least 102. We don't live in a linear world. ;-))

I am now bullish on the Dollar! Can't say I am a perennial Bear!
But to answer your question... you buy the next pullback in the metals, which I anticipate will bottom by December.
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