Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: t4texas who wrote (50)	8/16/2001 9:07:57 PM
From: Charles Macdonald	Read Replies (2) of 36161

Bank America to take $1Billion+ dollar charge in Q3 Don't have the hyperlink, but heard on the local news Bank America will take a $1Billion+ charge in Q3 as they write-off and sell the auto leasing and high risk home mort. businesses. Folks, I don't know about you, but I expect to see more to follow. BTW, this is exactly what Slider has been calling attention to for the last several months. High risk loans. This is also why I agree with T4Texas in that Gold will serve as the lowest common denominator here shortly. Will try and find the hyperlink and add. Great idea on the moderated thread. Holding GOLD, KGC, DROOY, CDE, HGMCY, and MIDSX in the GOLDS. Sold RGLD way to early and still losing sleep over it.

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