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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (12386)1/1/2002 6:18:50 PM
From: TobagoJack  Read Replies (1) of 74559
 
Hi CB, <<gold was a bust in 2001>> is exaggeration, which is allowed on this thread. Gold was OK, whether from January 1st 2001 to 365 days later or from low to high, beating the stock indices on 365 days basis …

kitco.com

siliconinvestor.com

… while we hopefully will not get a repeat of <<stocks were a boom if you bought them in September>>.

To prove the former point in an aggressive and fun way, as opposed to in a reality-tempered way, I have done this in virtual world …

Message 16830817

… I hopefully not getting trashed in the 1st quarter, discouraged, and abandon the thought experiment.

In reality, the much more sane and tempered program continues in real world …

Subject 37210

<<Not sure how anyone can make a profit at that price, but I know in the USA we can't compete with that ...
I don't know how to make money on it, but I think we are the next abracadabra …>>

I do not either. I am not sure there is money in this abracadabra. When in doubt, platinum and gold:>/

<<My 70 year old father … Internet addict … hunting for wife #4>>

Tell more once he has figured out how to go margin, short, options, and futures on the trade:0)

Chugs, Jay
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