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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: Crimson Ghost who wrote (77513)	5/29/2001 7:46:08 AM
From: Zeev Hed	Read Replies (1) of 99985

George, by now you should know that I am noy a "perma" anything on anything, not a perma bear nor a perma bull. It is quite true that since we have met on these threads (almost five years), I have voiced no "optimism" long term for gold, and thus I may be perceived as a "permabear" (five years is a long time). Until I see a situation leading to major inflation or a new unexpected non monetary use for gold, the producers are right, sell forward some your production when gold approaches $300 or so. Zeev

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