Brian Kyser

Don't Over-Analyze Gold, Just Follow the Charts

Thanks for the comments. Many ways to play the break-out, I agree. Mad Hedge brings up some excellent points. Any ETF play on this move should be viewed as a trade solely, in my opinion, and dependng on the savvy of the investor/trader, mining stocks or gold coins could be the better choice.

Patience Is the Name of the Game for Markets

"Do nothing" is largely dependent on whether you're long or not, but one should not feel the need to cave in to the pressure of rushing out to buy stocks, if only because they've missed the rally. (Which is one emotion propelling the market higher). Thanks for the good comments.

On Aug 05 09:01 PM TinyTim wrote:

> Interesting commentary addressing the big question of the moment.
>
> I'll pass on the tech analysis.
>
> If I believe the market is being pumped up by media / govt on thin
> volume, what major shock is left that would cause a rebottom?
>
> I believe the market has priced in low employment for 2-3 years,
> possible mild repeat GDP slowdown masqueraded by the media / govt
> and low durables consumption for the foreseeable future.
>
> I attribute this rally to the impatience of a lot of cash sitting
> on the sidelines and the reluctance of the pros to stick their necks
> out.
>
> "predicting stock market action based on sentiment, contrarian instinct,
> or even historical precedence"
>
> This is what's moving the market now.
> Is "do nothing" the same as "buy and hold"?

Gold Unaffected by the Economic Crisis?

Actually the comment refers to the process of sitting in a chair uselessly staring at a piece of gold. Looking at the actual spot value of gold is obviously important. This was an attempt at humor and obviously not clear enough.


On Aug 03 01:39 PM bobsmith5 wrote:

> "I take a gander at it, fairly frequently. Not the actual metal itself
> - that would make me strange."
>
> So, taking a gander at the underlying asset that gives value to the
> paper substitute would make you strange?
> I think this proves you ARE strange!!

Investing in Currency ETFs: Irony of the 'Bail-Out' Mentality

Thanks for the comments. The prospects for a dollar turnaround are indeed worth watching here, especially with Eurozone growth slowing. The interesting thing about these "pegged"-dollar investments is that the dollar could rally marginally against the other major currencies and we could still see some appreciation here if the Chinese perform another "one-step" revaluation to curb inflation. My only wish would be that they would eventually offer options on these instruments, but they are still pretty thinly traded as of yet.