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Gold/Mining/Energy : Cartaway resources
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To: John Paquet who wrote (2184)10/5/1998 12:03:00 PM
From: John Paquet   of 2505
 
Dow stocks tumble again -167 points Dow transport index -66 point to 2535 [new low ????] Nasdaq -87 points. Down down here you go!!!!!!!!!
A trend is a trend is a trend. A down trend that it is!!!!!!

It appears that G-7 had hold some sort of rescue resources[water] but it was too far too inaccessible to put out this distant fire on going in the global crisis from Thailand to Indeonesia, Japan, Korea, Malaysia to Russia, and then Latin America especially the biggrest country in Latin America, then Hedge fund LTCM debacles in The U.S. and there are still 4000 hedge funds as next candidates to become big snow ball effects--a big truble is anticipating. Fed has not enough capacity to handle this big snow ball unless Fed printing lots of Greenbacks U.S. dollar which will be inflated. G-7 fails to draft global action plan. As World Bank Chief as well as Fed Chief Alan Greenspan both claimed that there are no ways to have coordinated interest rates cut cuz it will cause competive competition. U.S. House Chamber debating loud and much louder about Clinton's president impeachment inquiry. Whohohohohoho!!!!!!! what a real interesting time it is!!!!!! Gold also down due to the threat of IMF to sell gold [to get cashes]to rescue this turmoil also deflation cash is the king. Cash is better than the king or gold. Watch hedge funds collaped and banks fail to bail out any more. Who will be the king Cash or gold?????? Isn't this an interesting time?????????
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