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View Full Version : scals's market comments....


scalf
11-03-2002, 11:05 AM
/forums/images/icons/laugh.gif probably july bottoms will hold...(how's that for a hedge-filled statement..lol)...mon nov 4 has saturn moving into direct station with the moon. there is a conjunction og hg and venus 0 degrees, which can be start of fast trend....

interest rates are near a 40 year low....fed will move, surprise, surprise no one, patterns are forming which are potentially very bearish for t-notes and t-bonds...could be a major money-making opportunity....

gold moved up 7.00/oz last week, still seems to be lagging expected prices....overall bearish on gold...

droughts have hampered grains...still awaiting good entry level

trading is some like poker...we make a "good call" , puff up our chest, get all ego laden, and miss the next opportunity....losers are results oriented...winners are execution oriented....exiting a bad position with minimal loss should be lauded more than a gr8"market call"...

kimberly clark has formed a bullish gartley pattern...km

scalf
11-03-2002, 11:10 AM
/forums/images/icons/blush.gif sorry knocked off...lol...kmb at 48...call options purchased...will dump with move either way...gl /forums/images/icons/grin.gif