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Gold/Mining/Energy : Silver Standard Resources Inc. NSC: SSRI CVE: SSO

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To: Oak Tree who wrote (76)5/10/2000 10:38:00 AM
From: J.L.  Read Replies (1) of 165
 
<JL, looks like you called the pullback about right. How do you think Greenspan's upcoming rate hike? will effect ssri in the short run?>

Oh Noble Treeman: I suspect that it will have no affect ubless the precious metals pop. Theories about SSRI and the recent move are numerous and varied, I believe that there was more buying than selling HA, that's an easy one. but the increased volume allowed an opportunity for those who wanted to get out. Now with the 50% +- pullback it will be interesting to see if and when any buying comes back.

Best regards, JL
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