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Strategies & Market Trends : Waiting for the big Kahuna

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To: Kip518 who wrote (22329)7/25/1998 7:28:00 PM
From: James F. Hopkins   of 94695
 
No real feeling on silver, and I would doubt the rumor, and think it
to be a ploy to stimulate interest.
Lot's of people now hurting because they followed that WB play..didn't they know it was over long before it leaked and that he got it cheap any way it's not some huge portion of his holdings.
If people want to hold onto WBs shirt tail they need to buy
the stock, or a mutual fund that owns the stock. Playing off
news releases of what WB did is like dumber than dumb and he
would be the first to tell you that. By the time his moves become
knowledge the train has left the station, he's no fool.

Silver is an insurance play, while you may speculate in it you
would need to trade a lot of volume to make anything.
It's a dead horse , that may come back to a brief life once
every ten years or so, then die again. I wouldn't waste my time.
Copper is more active, and has better percentage moves, still
it's not what I call fun to play. But at least if you buy some
of the big copper miners you get a dividend while you wait,
and wait , and wait for the next real spike. Which and when it
comes is likely to mean inflation is not far behind with all it's
ugly side effects.
Jim

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