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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 73.87-0.1%Jan 9 9:30 AM EST
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To: bambs who wrote (58950)4/13/2002 8:09:30 PM
From: Tom D  Read Replies (1) of 77400
 
Bambs, why are you bullish on gold at this point?

I asked you this question in February and never got a reply. Perhaps you overlooked it or were too busy. Message 17132791

I have been very impressed with your prescient calls. You were one of the factors in my decision to sell CSCO and almost all my tech stocks in October 2000 and switch over to institutional money managers with guidance from a financial planner. It was not as bold as a decision to move into gold. But your postings helped me made me go against the mainstream thinking and make a lot of money. Subject 52466

But while you may have been able to foresee that Bush would push through a massive tax cut that would screw up our long-term interest rates, and you correctly foresaw problems with overaggressive accounting, nobody could predict what happened on 9.11.01 and the problems in the Middle East and resultant concerns about OPEC. If we did not have 9/11 and the Middle East problems, your positions in gold might have been big losers.

So...are you lucky or good, or both?

Can you please explain your reasoning for continued bearishness, looking forward 6 to 12 to 18 months?

Thanks,
Tom D

P.S. I really don't care how old or experienced you are. Just would like to understand the reasoning behind your investment decisions, especially your current position.
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