Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Bid Buster who wrote (1141)	12/3/2000 7:24:39 PM
From: oldirtybastard	Read Replies (1) of 74559

he already has..do a search on his holdings as well as buffet.. I was wondering more if he was going to press his bet, if you know what I mean...there may be some pretty vulnerable banks on the other sides of those trades. I'm already positioned for gold and platinum, and also hedged against recession/deflation...I think right now the least likely possibility is equilibrium, if equities or the $ break hard in any direction there is ample opportunity to profit. If the only reason for being in the US $ is that it's the lesser of many evil currencies, then metals are the logical option...if that indeed materializes, it will again amaze me how slow these markets sometimes are to see what is readily apparent. All the macro uncertainty is providing some excellent opportunities right now if you guess right. Anyway, if RHAT, which imo is not much more than a low level helpdesk with dispatch, could hit 150, then it will be fun to see what the metals and metal stocks can do with similar sentiment carrying into that sector...the self fulfilling prophecy mania could very well take over as people look for places to hide.

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